Company: HLX
Filing Date: 2025-02-21
Form Type: 8-K
Source: 0000866829-25-000003
Chunk: 0

Company: HELIX ENERGY SOLUTIONS GROUP INC
Filing Date: 2025-02-21
Form: 8-K
Item: Item 1.01
Chunk 0
---
Item 1.01. Entry into a Material Definitive Agreement.

On February 17, 2025, Helix Energy Solutions Group, Inc. (“ Helix”), OneSubsea LLC, Cameron Lux V Sarl, as successor in interest to OneSubsea B. V., OneSubsea UK Limited, Schlumberger Technology Corporation, Schlumberger B. V. and Schlumberger Oilfield Holdings Ltd. entered into an Amendment and Assignment Agreement (the “ Amendment”) to the Strategic Alliance Agreement entered into by the parties on January 5, 2015 (as amended, the “ Alliance Agreement”). The Alliance Agreement provides the terms for the parties’ strategic alliance to design, develop, manufacture, promote, market and sell on a global basis integrated equipment and services for subsea well intervention systems. The Alliance Agreement originally provided for a ten-year term and the Amendment extends the term of the Alliance Agreement for one year until January 5, 2026. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.