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Helix Robotics Solutions Secures Major Contract for Trenching Services

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Published

January 27 2025

Updated

February 06 2025

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Helix Robotics Solutions, a division of Helix Energy Solutions Group, Inc. (HLX), has secured a significant contract from Seaway7 for the burial of inter-array cables at Ørsted's Hornsea 3 Offshore Wind Farm, located 120km off the UK's Norfolk coast.

Key Highlights:

- Contract Duration: Over 300 days, starting in Q3 2026

- Project Scope: Burial of 192 inter-array cables, totaling approximately 500 km in length

- Equipment Deployment: Grand Canyon III trenching support vessel, T1500 jet trencher, i-Trencher trenching system, work-class ROV, and survey services

- Contract Value: One of the largest trenching awards to Helix

- Helix's Expertise: Demonstrates global leadership in subsea robotics and trenching, supporting offshore wind development and expanding renewables activity.

Original report:

Under the contract, Helix plans to utilize the Grand Canyon III trenching support vessel mobilized with the T1500 jet trencher, the i-Trencher trenching system, a work-class remotely operated vehicle and associated survey services. The project scope includes the burial of all 192 inter-array cables, totalling approximately 500 km in length. The project will be managed with engineering and survey support from Helix’s offices in Aberdeen, UK.

Scotty Sparks, Helix’s Executive Vice President and Chief Operating Officer, stated, “Helix is a global leader in subsea robotics and trenching, and we are proud to bring our expertise to the Hornsea 3 Offshore Wind Farm project. This contract with Seaway7, one of the largest trenching awards to Helix, highlights our commitment to supporting offshore wind development and expanding Helix’s offshore renewables activity.

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The user WaneInvestmentHouse holds no position in NYSE:HLX. Simply Wall St has no position in any of the companies mentioned. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.

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