HELIX ENERGY SOLUTIONS GROUP INC 8-K

What Happened
Helix Energy Solutions Group, Inc. announced on Feb. 13, 2026 (filing date) that it entered Amendment No. 2 to its Strategic Alliance Agreement with OneSubsea LLC, OneSubsea UK Limited and several Schlumberger affiliates. The amendment, executed Feb. 12, 2026, extends the Alliance Agreement—originally formed Jan. 5, 2015 and previously extended to Jan. 5, 2026—by nine months, moving the term expiration to October 5, 2026. The alliance covers the joint design, development, manufacture, marketing and sale of integrated equipment and services for subsea well intervention systems. Amendment No. 2 is filed as Exhibit 10.1 to the 8‑K.

Key Details

• Parties: Helix Energy Solutions Group, Inc.; OneSubsea LLC; OneSubsea UK Limited; Schlumberger Technology Corporation; Schlumberger B.V.; Schlumberger Oilfield Holdings Ltd.
• Amendment date: February 12, 2026; 8‑K filed February 13, 2026.
• Term change: Alliance term extended by 9 months from Jan. 5, 2026 to Oct. 5, 2026.
• Document: Amendment No. 2 is included as Exhibit 10.1 to the filing.

Why It Matters
The filing signals continued cooperation between Helix and Schlumberger/OneSubsea on subsea well intervention products and services, preserving a pathway for joint work, product development and potential contract opportunities through October 2026. The 8‑K does not disclose financial terms or quantify any immediate revenue or cost impact; investors should review the attached amendment (Exhibit 10.1) for full details.