Helix Energy Solutions Inks New Three-Year Vessel Charter And Service Contracts With Petrobras Valued In Aggregate At An Estimated $786M
Portfolio Pulse from Benzinga Newsdesk
Helix Energy Solutions has secured new three-year vessel charter and service contracts with Petrobras, valued at approximately $786 million. These contracts include options for an additional three years and were awarded after a competitive tender process.
August 27, 2024 | 8:32 pm
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Helix Energy Solutions has signed significant contracts with Petrobras worth $786 million, enhancing its revenue stream and strengthening its partnership with Petrobras.
The new contracts with Petrobras are substantial, valued at $786 million, and include options for extension, indicating a strong and ongoing relationship. This is likely to positively impact Helix's revenue and market perception, leading to a potential short-term increase in stock price.
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