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AI brief of an SEC Form 8-K · Helix Energy Solutions Group (HLX)

Helix extends Schlumberger subsea alliance agreement to October 5, 2026

Neutral Impact 2 of 5 product/contract Written later

Helix Energy Solutions Group, OneSubsea and Schlumberger entities signed Amendment No. 2 on February 12, 2026, extending their Strategic Alliance Agreement by nine months, from January 5, 2026 to October 5, 2026. The alliance covers the joint design, manufacture, marketing and sale of integrated subsea well intervention equipment and services. The filing does not disclose financial terms, so its effect on Helix's results is not stated.

Key points

  • Amendment No. 2 was signed February 12, 2026, and extends the alliance term to October 5, 2026.
  • The original Strategic Alliance Agreement was entered into January 5, 2015, with a ten-year term.
  • The alliance was previously extended to January 5, 2026.
  • The full amendment is filed as Exhibit 10.1 to the 8-K.

The filing

CompanyHelix Energy Solutions Group (HLX)
Form8-K, current report
Filed with the SECFeb 13, 2026, 4:01 PM ET
Accession number0000866829-26-000002

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.