Services provided by the Clough Helix JV will include subsea well intervention and well abandonment, light construction work, saturation and air diving and subsea inspection, repair and maintenance services.
The JV will integrate Helix well intervention equipment with Clough’s new 12-man saturation diving system, to enable both to be deployed from the 118 meter long DP2 multiservice vessel Normand Clough outfitted with a 250 ton heave compensated crane and twin deepwater work class remotely operated vehicles (ROVs).
Normand Clough will relocate imminently from the gulf of Mexico to the Asia Pacific region. The establishment of the Clough Helix joint venture will not have a material impact on earnings for the current financial year.
John Smith, CEO of Clough, said: “The geographic spread of the Asia Pacific region has made it a logistically expensive area in which to operate. In partnering with Helix we will provide a range of subsea services with the minimum of mobilisation and provide a cost effective service for our customers.”
Owen Kratz, president and CEO of Helix, said: “Our Well Intervention operations in Australia have a successful track record of using third party vessels. The collaboration with Clough will enable the joint venture to offer a full range of subsea services to regional operators from a dedicated vessel.”
