Talos Extends Helix Producer I Floater Charter in Gulf of Mexico

OE Staff

November 23, 2022

Talos Extends Helix Producer I Floater Charter in Gulf of Mexico
Credit: Helix Energy Solutions Group - CC BY-SA 2.0

Oil and gas company Talos Energy has extended the contract for the Helix Producer I floating production vessel in the U.S. Gulf of Mexico.

 According to Helix Energy Solutions Group, the vessel owner, the contract has been extended for one year the term. 

The one-year extension term is scheduled to conclude on June 1, 2024 with Talos having the option to extend the contract annually. 

The Helix Producer I is a ship-shaped dynamically positioned (DP2) floating production unit. The vessel is designed to produce hydrocarbons and export to shore via pipeline or tanker and is equipped with a disconnectable transfer system (DTS), which allows the vessel to weathervane during production. 

This setup also allows disconnection from flowlines, pipelines and umbilicals, enabling the vessel to safely navigate away from severe weather and other potentially unsafe conditions. The vessel has been processing production from the Phoenix field since 2010.  

The Helix Producer I completed its scheduled five-year regulatory dry docking during the third quarter 2022.

Kent Awarded FEED Contract for Prinos Carbon Storage Project

March 16, 2026

Kent Awarded FEED Contract for Prinos Carbon Storage Project

Equinor Makes New Oil Discovery at Johan Castberg

March 18, 2026

Equinor Makes New Oil Discovery at Johan Castberg

BOEM Issues Notice of Intent for Offshore Well Stimulation Work

March 17, 2026

BOEM Issues Notice of Intent for Offshore Well Stimulation Work

Oil Falls on Middle East Ceasefire Hopes, Easing Supply Fears

March 25, 2026

Oil Falls on Middle East Ceasefire Hopes, Easing Supply Fears

Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

March 10, 2026

Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

Gulf of Mexico Auction Yields Far Fewer Bids Than First Trump Sale

March 11, 2026

Gulf of Mexico Auction Yields Far Fewer Bids Than First Trump Sale