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    Helix provides update on Deepwater Containment System

    News // December 13, 2010

    Helix Energy Solutions Group says it notes that certain news articles have been reported regarding the company's Deepwater Containment System (DCS).

    The Helix DCS provides a solution that centres on three vessels, Helix Producer I, Q4000 and Express, each of which played a role in the Macondo response and are presently operating in the Gulf of Mexico.

    "Although no formal agreements have been executed at this time, the company is in advanced discussions with an industry group to provide the DCS on a retainer basis," said the company in a statement.

    "We welcome the opportunity to assist the industry with our proven spill containment system," said Owen Kratz, CEO of Helix. "We are also honoured by the positive response from the Bureau of Ocean Energy Management, Regulation and Enforcement to the System as a supplement to the response effort being developed by the Marine Well Containment Company." 


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