USA: Helix to Acquire New Trencher from Forum Energy Technologies

Business & Finance

Helix to Acquire New Trencher from Forum Energy Technologies

Helix Energy Solutions Group’s Canyon Offshore subsea contracting business unit signed contracts for a new Perry XT 1500 Seabed Trenching System and two 200 horsepower Perry XLX work class ROVs, to be built by Forum Energy Technologies, Inc.

The XT 1500 trencher will support Canyon Offshore’s Oil & Gas and Renewable Energy contracting operations, trenching and burying rigid and flexible products and power cables in a single pass up to 3m below mean seabed.

Gary Aylmer, Canyon Offshore VP of Trenching and Renewable Energy, said “XT1500 is based on the well proven concept of T750 and more recently the new XT 1200 trenching systems. The more powerful XT 1500 will feature a broader array of burial configurations, enabling the vehicle to perform jet trenching operations in stiffer clays. XT1500 will offer our broad client base a burial solution which adds significant value whilst maintaining our high quality service”.

The trencher will be mobilized on a Canyon Offshore chartered vessel in early 2014.

Canyon Offshore will also add two 200 horsepower Perry XLX ROVs to its fleet in 2013, bringing the fleet of Canyon work-class vehicles available for global deployment to 51 units. The new high-horsepower XLX units will perform increasingly important roles as offshore drilling projects extend into deeper, more challenging environments.

Shane Jakeman, Canyon Offshore VP of Europe and West Africa, said “with regard to technology, the subsea contracting industry is developing as quickly as any other high tech industry today. To ensure we continue to meet client needs and lead the way, we need to constantly innovate and offer new systems and techniques that will deliver the efficiency and job quality our clients demand.”

[mappress]

Press Release, March 12, 2013