Hornbeck secures deepwater service agreements with Shell

 Hornbeck Offshore Services, Inc. a premier integrated offshore services company, today announced that it has entered into multiple agreements with Shell Offshore Inc. (“Shell”) to provide services in the U.S. Gulf of America. Under these agreements, Hornbeck will provide a comprehensive range of integrated deepwater services including riser based well intervention, riserless well intervention stimulation support, and marine transportation.

In furtherance of the agreements, Hornbeck expects to deploy:

a. A technologically advanced riser-based Well Intervention Vessel combined with an Intervention Riser System (IRS), Remotely Operated Vehicles (ROVs), Project Management and Engineering services.

b. A high-specification Multi-Purpose Support Vessel combined with ROVs, Project Management and Engineering services.

c. Deepwater Jones Act-compliant Offshore Supply Vessel(s) supporting the Well Intervention and Multi-Purpose Support Vessel.

Operations are scheduled to commence in 2027, with the riser based Well Intervention Vessel and support vessel contracted for five years.

Todd M. Hornbeck, Hornbeck’s President and CEO commented, “We are excited to expand our longstanding relationship with Shell. We look forward to delivering integrated services through a unique combination of high-specification assets in the deepwater basins of the U.S. Gulf of America. This exemplifies the breadth and depth of what the complementary combination of Hornbeck Offshore and Helix Energy Solutions can now deliver to the market.

Source: hornbeckoffshore.gcs-web.com