Hornbeck Offshore Services' subsidiary, Helix Well Ops (U.K.) Limited, secured a multi-year contract to perform riserless plug and abandonment operations in the North Sea, starting in Q2 2027. The two-year contract includes options for extension and involves using specialized vessels and integrated services such as ROVs and saturation diving. This deal strengthens Hornbeck's position in rigless decommissioning solutions and leverages its operational expertise and assets. The contract reflects growing demand for efficient offshore decommissioning in the oil and gas sector.
Hornbeck Offshore's new North Sea decommissioning contract provides context for energy sector activity. For readers following energy stocks, here is Pluang's market snapshot as of Sep 15, 2026 03:02 WIB: out of 30 priced US energy-sector stocks, 7 rose and 23 fell. Notable prices and changes include Eos Energy Enterprises Inc at USD 3.81 (-3.54%), Centrus Energy Corp at USD 147.33 (-3.27%), and Halliburton Company at USD 34.97 (-2.44%).
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