Helix Announces Executive Management Team Succession

HOUSTON–(BUSINESS WIRE)–Helix Energy Solutions Group, Inc. (NYSE: HLX) announced certain changes
within its executive management team, consistent with the company’s long
standing succession plan, effective May 1, 2019. Alisa Johnson
previously announced her retirement from her position as Helix’s
Executive Vice President, General Counsel and Corporate Secretary, and
Ken Neikirk has been promoted to the position of Senior Vice President,
General Counsel and Corporate Secretary. Mr. Neikirk has 19 years of
experience practicing law in the corporate and energy sectors, and has
been with Helix since 2007, most recently serving as Helix’s Corporate
Counsel, Compliance Officer and Assistant Secretary since February of
2016. Prior to joining Helix Mr. Neikirk was in private practice in New
York and Houston. Mr. Neikirk holds a Bachelor of Arts degree from Duke
University and a Juris Doctor from the University of Houston Law Center.

In connection with these changes, Owen Kratz, President and Chief
Executive Officer of Helix, stated, “Alisa has been an integral part of
our executive team since 2006, and has successfully overseen many
developments at Helix during that time; I wish her well. Alisa and Ken
have worked closely together for many years. Our confidence in Ken and
his intricate understanding of our company is high, and we expect
nothing but the smoothest transition.”

About Helix

Helix Energy Solutions Group, Inc., headquartered in Houston, Texas, is
an international offshore energy services company that provides
specialty services to the offshore energy industry, with a focus on well
intervention and robotics operations. For more information about Helix,
please visit our website at www.HelixESG.com.

Forward-Looking Statements

This press release contains 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 “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995, including, without
limitation, any statements regarding our strategy; any statements
regarding visibility and future utilization; any projections of
financial items; any statements regarding future operations
expenditures; any statements regarding the plans, strategies and
objectives of management for future operations; any statements regarding
our ability to enter into and/or perform commercial contracts; any
statements concerning developments; 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 forward-looking statements are subject to a number of
known and unknown risks, uncertainties and other factors that could
cause results to differ materially from those in the forward-looking
statements, including but not limited to market conditions; results from
acquired properties; demand for our services; the performance of
contracts by suppliers, customers and partners; actions by governmental
and regulatory authorities; operating hazards and delays, which include
delays in delivery, chartering or customer acceptance of assets or terms
of their acceptance; our ultimate ability to realize current backlog;
employee management issues; complexities of global political and
economic developments; geologic risks; volatility of oil and gas prices
and other risks described from time to time in our reports filed with
the Securities and Exchange Commission (“SEC”), including Helix’s most
recently filed Annual Report on Form 10-K and in Helix’s other filings
with the SEC, which are available free of charge on the SEC’s website at www.sec.gov.
We assume no obligation and do not intend to update these
forward-looking statements except as required by the securities laws.

Social Media

From time to time we provide information about Helix on Twitter (@Helix_ESG)
and LinkedIn (www.linkedin.com/company/helix-energy-solutions-group).

Contacts

Erik Staffeldt, 281-618-0400
Executive Vice President & CFO

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