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Helix Energy Solutions Group
Helix Energy Solutions Inc., known as Cal Dive International prior to 2006, is an American oil and gas services company headquartered in Houston, Texas. The company is a global provider of offshore services in well intervention and ROV operations of new and existing oil and gas fields. History Timeline 1980 – Oceaneering executives, Lad Handleman, John Swinden, Don Sites and Rick Foreman left the company and named their new company Cal Dive International. Oceaneering was formed in 1964 when Handelman merged his California oilfield diving company, Cal Dive, with Canadian-based Can-Dive and upon his departure Handleman reclaimed his original company name for the new venture. 1983 – Cal Dive Intl. was acquired by Diversified Energy International (DEI) whose financial backing allowed the company to expand with two converted diving vessels. 1985 –Handleman suffered a severe injury in a skiing accident and as a result was paralyzed from the waist down. Jim Nelson wou ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ...
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Energy Companies Established In 1980
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has m ...
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Companies Based In Houston
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Petroleum In Texas
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasoline (pe ...
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Natural Gas Companies Of The United States
Nature, in the broadest sense, is the physical world or universe. "Nature" can refer to the phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans are part of nature, human activity is often understood as a separate category from other natural phenomena. The word ''nature'' is borrowed from the Old French ''nature'' and is derived from the Latin word ''natura'', or "essential qualities, innate disposition", and in ancient times, literally meant "birth". In ancient philosophy, ''natura'' is mostly used as the Latin translation of the Greek word ''physis'' (φύσις), which originally related to the intrinsic characteristics of plants, animals, and other features of the world to develop of their own accord. The concept of nature as a whole, the physical universe, is one of several expansions of the original notion; it began with certain core applications of the word φύσις by pre-Socr ...
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Oil Companies Of The United States
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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Oilfield Services Companies
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Petroleum reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs, the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulation of liquid oil underground in multiple (potentially linked) reservoirs, trapped as it rises by impermeable rock formations. In industrial terms, an o ...
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Helix Producer 1
''Helix Producer I'' is a ship-shaped monohull floating production and offloading vessel, converted from the ferry MV ''Karl Carstens''. It has no storage capability. ''MV Karl Carstens'' The ship was built in 1986 for Deutsche Bundesbahn as a roll-on roll-off (RORO) ferry serving on the Vogelfluglinie, a connection between Fehmarn, Germany and Denmark. It remained in service from 1986 until 1997. ''Helix Producer I'' The ship was reconfigured as a Floating Production vessel and converted between 2006–2008 at the Viktor Lenac Shipyard in Croatia. Topside production facilities were designed by OFD Engineering in Houston, Texas and installed in 2009 at the Kiewit shipyard in Corpus Christi, Texas, United States. ''Helix Producer I'' has a Disconectable Transfer system (DTS) designed and supplied by Flexible Engineered Solutions LTD (FES), UK, and consists of a riser buoy supporting sub-sea risers and control umbilicals that would be connected to a deep water well and can b ...
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T1200 Trenching Unit
The T1200 was built in the United Kingdom by Forum Energy Technologies’ Perry Slingsby Systems Remotely Operated Vehicle manufacturing brand. The T1200's design was based on a smaller version called the T750 but with 50 percent (1,125 hp) more power and the capacity to trench larger diameter products (up to 36 inches) to burial depths of 3 m (10 ft) depending on soil strength. The T1200 was completed in April 2012 and delivered to Helix Energy Solutions Group's ROV operations business unit Canyon Offshore in May 2012. In July 2012 the T1200 completed its first cable burial project at the Sheringham Shoal offshore wind farm Sheringham Shoal Offshore Wind Farm is a Round 2 wind farm in North Sea off the coast of Norfolk. A lease for use of the sea bed was obtained in 2004 by Scira Offshore Energy (later acquired by Statoil (now Equinor) and Statkraft), the developmen ... in the North Sea. Its first oil and gas project was completed in October 2012 with the burial of ...
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Helix Fast Response System
{{unreferenced, date=December 2012 The Helix fast-response system (HFRS) is a deep-sea oil spill response plan licensed by HWCG LLC, a consortium of 16 independent oil companies, to respond to subsea well incidents. Helix Energy Solutions Group designed the Helix fast-response system based on techniques used to contain the 2010 Gulf of Mexico oil spill. On February 28, 2011 the drilling moratorium imposed as a result of the spill ended when the United States Department of the Interior approved the first drilling permit based on the availability of the HFRS to offshore oil companies. The HFRS relies on the deployment of Helix ESG's Q4000 multipurpose semisubmersible platform and the Helix Producer 1 floating production unit. Both vessels are based in the Gulf of Mexico and played significant roles in the 2010 ''Deepwater Horizon'' spill response. At full production capacity, the HFRS can handle up to 55,000 barrels of oil per day (70,000 barrels of liquid or 95 million standard cu ...
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MSV Well Enhancer
''Well Enhancer'' is a purpose-built well intervention vessel, launched at the IHC Krimpen Shipyard on May 31, 2008, in Krimpen aan den IJssel, the Netherlands. Design The newest addition to the Helix Well Ops fleet, the ''Well Enhancer'' is designed to minimize production downtime and provide a cost-effective method of maintaining subsea production systems. With 1,100 m2 of main deck space and offloading capability, the new vessel can also perform a range of well testing procedures. ''Well Enhancer'' features a 150-ton multipurpose tower capable of deploying wireline, slickline and coiled tubing tools. The vessel also features kill pumps, an intervention lubricator control system and an active heave-compensated main winch. History In 2009 the ''Well Enhancer'' completed its first well intervention job in the North Sea for Nexen Petroleum 60 miles east of Aberdeen, Scotland in adverse weather conditions with wave heights in excess of five metres and 45 knot winds. In 2012, the W ...
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