Helix Energy Solutions Appoints New Corporate Officers

Dec 12, 2006, 00:00 ET from Helix Energy Solutions Group, Inc.

    HOUSTON, Dec. 12 /PRNewswire-FirstCall/ -- Helix Energy Solutions
 (NYSE:   HLX) announced today that its board of directors has elected William
 (Bill) E. Morrice, Brent Shinall, Troy Matherne and Stephen Rogers as
 officers of the company.
     William (Bill) E. Morrice was promoted to Vice President -- Global Well
 Operations. Mr. Morrice joined Helix as General Manager of Well Ops UK in
 2002 and has a Bachelor of Science degree from the Robert Gordon's
 University in Aberdeen and Postgraduate qualifications in Offshore
 Engineering and Project Management. Mr. Morrice is based in Aberdeen,
     Troy Matherne joined Helix in October 2006 and was promoted to Vice
 President -- Information Technology. He joined Helix from Dresser, Inc.
 where he was most recently Vice President and Chief Information Officer.
 Prior to that, Troy led the strategic marketing function for Baroid, a
 business unit of Halliburton. Troy's background also includes serving as
 Controller for Auchan, USA, running division operations, and leading a
 procurement organization. Troy received an MBA from Rice University and has
 a B.S. in Economics from the University of Houston.
     Brent Shinall joined Helix in November 2006 to head the company's newly
 formed Global Supply Chain department, and has been elected as Vice
 President --Supply Chain Management. Prior to joining Helix, Mr. Shinall
 worked for Royal Caribbean Cruises as Director of Technical Purchasing
 responsible for the supply chain management for Royal Caribbean and
 Celebrity Cruise Lines' fleet of 30 cruise ships. Mr. Shinall also worked
 as Managing Director of Aircraft Programs Purchasing for American Airlines
 and has a B.S. in Industrial Engineering from Louisiana Tech University and
 a Master of Science in Management degree from the University of Alabama,
     Stephen Rogers joined Helix in May of this year responsible for
 Business Development in the Eastern Hemisphere, and was recently promoted
 to Vice President -- International Business Development. Mr. Rogers is
 based in Singapore. Stephen joined Helix from Halliburton where he filled
 various managerial positions for KBR, Subsea 7, Halliburton Energy Services
 Group and Brown & Root Energy Services in the Asia Pacific Region. He has a
 Bachelor of Commerce degree with Honors from the University of Western
     Bart Heijermans, Executive Vice President and Chief Operating Officer
 of Helix commented, "The recent acquisition of a majority interest in Well
 Ops SEA, formerly known as SEATRAC, and the announcement of a new-build
 well intervention vessel to join our existing well intervention fleet
 consisting of the MSV Seawell and the MSV Q4000, demonstrates our
 commitment to strengthening our leadership position in the global well
 operations market and the promotion of Bill Morrice to the Vice President
 of Global Well Operations provides us with experienced managerial
 leadership our customers deserve. The recent hiring of Brent Shinall and
 Troy Matherne is evidence of our efforts to build a solid support platform
 for our growth and our focus on cost effective and productive operations.
 The addition of Stephen Rogers highlights our plans for the growth of our
 service lines in the Australia and South East Asia regions."
     Helix Energy Solutions, headquartered in Houston, Texas, is an energy
 services company that provides innovative solutions to the oil and gas
 industry worldwide for marginal field development, alternative development
 plans, field life extension and abandonment, with service lines including
 diving services, shelf and deepwater construction, robotics, well
 operations, well engineering and subsurface consulting services, platform
 ownership and oil and gas production.
     This press release and attached presentation contain forward-looking
 statements that involve risks, uncertainties and assumptions that could
 cause our results to differ materially from those expressed or implied by
 such forward-looking statements. All statements, other than statements of
 historical fact, are statements that could be deemed "forward-looking
 statements" within the meaning of the Private Securities Litigation Reform
 Act of 1995, including, without limitation, any projections of revenue,
 gross margin, expenses, earnings or losses from operations, or other
 financial items; future production volumes, results of exploration,
 exploitation, development, acquisition and operations expenditures, and
 prospective reserve levels of property or wells; any statements of the
 plans, strategies and objectives of management for future operations; any
 statement concerning developments, performance or industry rankings
 relating to services; any statements regarding future economic conditions
 or performance; any statements of expectation or belief; and any statements
 of assumptions underlying any of the foregoing. The risks, uncertainties
 and assumptions referred to above include the performance of contracts by
 suppliers, customers and partners; employee management issues; complexities
 of global political and economic developments, geologic risks and other
 risks described from time to time in our reports filed with the Securities
 and Exchange Commission ("SEC"), including the Company's Annual Report on
 Form 10-K for the year ending December 31, 2005 and subsequent quarterly
 reports on Form 10-Q. We assume no obligation and do not intend to update
 these forward-looking statements.

SOURCE Helix Energy Solutions Group, Inc.