---
schema_version: "secwatch.filing_event.v1"
accession: "0000866829-26-000015"
form_type: "8-K"
ticker: "HLX"
cik: "0000866829"
company_name: "HELIX ENERGY SOLUTIONS GROUP INC"
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:41:29.754621+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Helix sells Shallow Water Abandonment business to Chouest Group for $107.5M cash

## Summary
- Sold Gulf of America shallow water abandonment business to C-Dive (Chouest) for $107.5M cash at closing, adjusted for working capital.
- Transaction closed May 1, 2026; aligns with Helix's strategic focus on deepwater operations.
- Divestiture follows recent announcement of definitive agreement to combine with Hornbeck Offshore Services.
- Helix Executive VP COO notes record financial performance of the divested business and believes Chouest is well-positioned for its growth.

## SEC filing metadata
- accession: 0000866829-26-000015
- form_type: 8-K
- ticker: HLX
- cik: 0000866829
- company_name: HELIX ENERGY SOLUTIONS GROUP INC
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866829/000086682926000015/0000866829-26-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866829/000086682926000015/hlx-20260504x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866829-26-000015
- JSON: https://secwatch.observer/filing/0000866829-26-000015.json
- Plain text: https://secwatch.observer/filing/0000866829-26-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.