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Hornbeck Offshore Services NYSE:HOS gains 3.5% in Tuesday's trading after saying it secured a multi-year decommissioning contract with an unnamed "major operator" in the North Sea; financial terms were not disclosed.The company said the contract for its Helix Well Ops subsidiary has an initial term…
Hornbeck Offshore Services said its Helix Well Ops (U.K.) unit won a multi-year North Sea decommissioning contract, set to begin in Q2 2027 with a firm two-year term and options to extend.Material DetailsContext by AI AnalystThis extends Hornbeck's push into integrated, rigless decommissioning solu…