Houston-based Helix Energy Solutions recorded an increase in its quarterly profit boosted by higher utilization in the well intervention business in the Gulf of Mexico and Brazil.
In its quarterly report on Monday, Helix said it had recorded a net income of $31.6 million for the third quarter of 2019 compared to $27.1 million for the same period in 2018 and $16.8 million for the second quarter of 2019.
The company’s revenues in 3Q 2019 were $212.6 million, nearly flat compared to revenues of $212.57 million in the same period last year.
Brazil Energy Insight 
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