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    Helix Energy Solutions Group Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

    2/21/25 8:00:18 AM ET
    $HLX
    Oilfield Services/Equipment
    Energy
    Get the next $HLX alert in real time by email
    0000866829false00008668292025-02-212025-02-21

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    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

    Form 8-K

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): February 21, 2025 (February 17, 2025)

    Graphic

    HELIX ENERGY SOLUTIONS GROUP, INC.

    (Exact name of registrant as specified in its charter)

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    Minnesota

    001-32936

    95-3409686

    (State or other jurisdiction
    of incorporation)

    (Commission
    File Number)

    (IRS Employer
    Identification No.)

    3505 West Sam Houston Parkway North

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    Suite 400

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    Houston, Texas

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    77043

    (Address of principal executive offices)

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    (Zip Code)

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    Registrant’s telephone number, including area code: 281-618-0400

    NOT APPLICABLE

    (Former name or former address, if changed since last report)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

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    Title of each class

        

    Trading Symbol(s)

        

    Name of each exchange on which registered

    Common Stock, no par value

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    HLX

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    New York Stock Exchange

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    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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    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.

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    Item 9.01. Financial Statements and Exhibits.

    (d)         Exhibits.

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    Exhibit
    Number

        

    Description

    10.1

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    Amendment and Assignment Agreement to Strategic Alliance Agreement.

    104

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    Cover Page Interactive Data File (embedded within the Inline XBRL document).

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    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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    Date: February 21, 2025

        

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    HELIX ENERGY SOLUTIONS GROUP, INC.

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    By:

    /s/ Kenneth E. Neikirk

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    Kenneth E. Neikirk

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    Executive Vice President, General Counsel and Corporate Secretary

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