HOUSTON – November 02, 2026 -- Hornbeck Offshore Services (NYSE: HOS) has signed multiple agreements with Shell Offshore Inc. to deliver integrated deepwater services in the U.S. Gulf of America, with operations scheduled to begin in 2027.

Hornbeck to supply well intervention, stimulation support and marine transport

The scope covers riser-based well intervention, riserless well intervention stimulation support and marine transportation.

Three asset packages are planned for deployment

Hornbeck expects to deploy the following:

• A riser-based Well Intervention Vessel combined with an Intervention Riser System (IRS), Remotely Operated Vehicles (ROVs), and project management and engineering services.
• A high-specification Multi-Purpose Support Vessel combined with ROVs, and project management and engineering services.
• Deepwater Jones Act-compliant Offshore Supply Vessel(s) supporting the Well Intervention Vessel and the Multi-Purpose Support Vessel.

Well Intervention Vessel and support vessel are contracted for five years

The riser-based Well Intervention Vessel and its support vessel are contracted for five years. The release gives no contract values or day rates, and it specifies no contract term for the Multi-Purpose Support Vessel.

CEO links the award to the Helix combination

Todd M. Hornbeck, President and CEO, said the award expands Hornbeck's longstanding relationship with Shell. He said it shows what the combination of Hornbeck Offshore and Helix Energy Solutions can now offer the market through high-specification assets in U.S. deepwater basins.