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Hornbeck Offshore Awarded Multi-Year Decommissioning Contract in the North Sea

Source: PR Newswire

Energy Markets & PricesTransportation & LogisticsCorporate Guidance & Outlook

Hornbeck Offshore Services announced that its U.K. subsidiary, Helix Well Ops, secured a multi-year offshore decommissioning contract. The release does not disclose the customer, contract value, project scope, or expected financial contribution, limiting the ability to quantify the earnings impact. The award nevertheless supports backlog visibility and demand for Hornbeck's offshore well-operations services.

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