everyone. morning, good And Owen. Thanks,
to Moving Slide XX. on
thank and teams, and for another forecasted conditions offshore well than their can like XXXX our better the would utilization high the to I improve, with finishing exceptionally onshore, quarter with executed high continue concluded we Market Firstly, continued fleet. standards. and to year across
recent visibility forward, much than very we've Going few in the had years have good and backlog stronger years. next for a we
Our days improved with work outlook year-over-year place of spot of for a assets. contracts number for market our is XXXX significantly contracted long-term high with some in
All our of businesses XXXX for positioned and are well beyond.
East Africa, in disruption quarter of with and operations Gulf XXXX, minimal we operational with the In to the operate Brazil, Mexico Coast. Asia, The U.S. West off continue Europe, globally fourth
We the continue uptime efficiency to quarter. with for operate at standards strong high
for significant EBITDA revenues we producing a the profit year gross fourth quarter, $XXX of million fourth quarter a XXXX. $XXX million of EBITDA of in produced resulting the to generating profit the gross $XX compared ended a XXXX $XX of improvement million, margin million, and XX%, million, with quarter of the During against $XX of of
Brazil, utilization to and paid utilization the fleets of Intervention the Sea achieved quarter, Gulf region. in the XX% utilization QXXXX in XXX% in its Nigeria XX% works XX% the West APAC completing fourth in transit Well Mexico, in During North with XX% Africa, and commencing including the globally, of
achieved works Robotics of quarter, fleet division, in U.S. operating XXX projects support, four and in globally and multiple trenching, on renewables XX% between high working The working the chartered Europe renewable East Coast. vessel the days ROV vessels utilization
Helix XX% The working support operational free XX% utilization the in achieved warm X% the P&A with and stacked seasonally achieved achieved diving was clients the and Alliance as Gulf assets the lift fleet of liftboats Systems utilization barge Alliance Mexico. X,XXX of heavy for numerous for days expected. utilization vessels
of more of performing a The production XXX% ultra-deepwater, QXXXX review working enhancement utilization had XX for quarter fourth wells our on work under Gulf the multiyear provides strong in in of Shell. business again Intervention Mexico. a the in Well Slide campaign detailed four
scopes The for by for had then The one utilization for increased the enhancement ultra-deepwater. enhancement followed utilization quarter two third another the production well compared to QXXXX of and fourth in customer, XX% well of another a production customer in well commenced two campaign vessel abandonment clients single a completed in quarter. XX%
visibility good Services increasing package. key utilization high to the of both with XXXX Positively, operate number with of activity and Helix in continue Alliance the we have rates. contracted high potential Subsea SLB expect days integrated steadily vessels vessels Both under further will
Moving our With performed APAC business to in to for on QXXXX winter in The to the utilization another concluded customers. XX% in campaign Sea production quarter solid compared seasonal well both commencing performed five the Intervention region. months. utilization QX utilization U.K, The vessel West its wells to considering works in two paid Enhancer XX, prior had for the a very and QX. Slide transit the XXX% very Well enhancement on achieved Well North vessels Africa strong
several vessel customers business performed XX% decommissioning had utilizing improved our to also Well The our with Sea and achieving rates. diving Sea for is much higher works on North The a seeing market good wells and improve The services. utilization continues numerous quarter utilization.
has the nearly the contracted XXXX. and commence to The expected end QX in full XXXX Sea recently likely all decommissioning Mediterranean for of Well QX, XXX-day of year is a at Enhancer end of and contracted Well has the project the a until of
winter at Typically, next the however, we North vessel. time, maintenance working a through planned planning and months Sea; winter in winter, short the spec vessels to the be the with are to seasonally working months for each we through in current winter, this would plan continue period this the
production a that existing the for region client to commence Zealand commenced in The The XXX% abandonment vessel APAC in is completion, contracted enhancement in Upon an early February. paid to commenced transit well QXXXX to vessel to undertaken a until December. QX, the planned New was works a campaign. working transit drydock undertake utilized Nigeria, a then
second abandonment half client is to seven two most vessel XXXX Australia out carry The wells for XXXX. of further for in to then covering and well a work the a Cooper for campaigns to scheduled of Energy transit undertake paid another then
for The is months XX early Brazil. contracted then for XXXX QXXXX abandonment work for an in Shell
we the in XX-month an on is XXK contract XXXX. QXXXX already on Also have XXXX, IRS XXXX. of recently and Australia, been in our visibility commenced one in now booked until So acquired of early following has contracted work systems February
the in in performing undertaken XX% Slide XX. Helix on work quarter. project also to utilized fourth we had two-year on good of for in Moving commenced Brazil, the the work ROV XX% three then Trident, and wells for QX, was The In quarter. survey Siem utilization decommissioning X Trident
The X two-year The rate increase. wells contract with for a Siem commenced Helix quarter on with substantial X activity Siem production XX% utilization, enhancement wells. completing the in had and a Helix decommissioning for on three three extension Petrobras work strong December
the fourth of Award. Contract the again Helix In quarter, won Petrobras Rig the Year
this We award. won have been each we've won award three it eligible times the year and now for that
very to SHX. team and performance. and are big on this safety won award of pleased We thanks and crew the a our to based have Brazil our Congratulations
to with XXXX a both going to Brazil Intervention in is rates. Well year far for back be expect We vessels being better us
vessels We in scheduled QXXXX addition vessels into to secured of that pleased the I'm Shell have both into are again with contracted pleased we have three region contracts. XXXX long-term the Brazil are contracts. to once
Intervention our of Slide details XX Well provides utilization.
ROV survey on QX. region, long-term well Thailand. for four and during oil Robotics globally a the standards a support, and In Robotics good XXX% trenching, in performed had in related utilization, Slide between to primarily the operating performance The and the concluding had strong project very decommissioning our renewables XX good performing on strong with working at quarter, their Moving quarter, site year, vessel APAC utilization work and Grand continued projects. review. gas II another high vessels Canyon
set one newly trenching the of Taiwan, the trenching our XXXX, in of TXXXX continue services. into an of to February renewables Singapore to renewables commenced expansion mobilize In systems paid acquired global for ship awarded project
well XXX% trenching for extremely the oil and undertaking was for In clients. clients, gas III operations utilized Grand an trenching performing Sea, the North three renewables and performed project two Canyon
North and days Sea the completed Both oil season XX had of another one renewables the the -- in was Enabler completing and works Horizon XXXX's utilization, trenching scope The Sea spot works. in of renewable had a for North vessels trenching for an and gas vessel customer customer. trenching gas and of mix strong oil trenching trenching with for then backlog
Bordelon, the USA, project performed supporting seismic a the U.S. projects. this Shelia utilized farm the Act own vessel compliant the in support year, Mexico vessel the installation Gulf XX% site then boulder performed The grab In clearance operations our further off Jones node in-house-built vessel The in East to works wind of QX. the was Coast. utilizing
East Coast, trenching system expanding we the renewables provided on has support, U.S. acquired been for to and preparation clearance sector. contracted client the On farm iCloud offer undertake the a vessel recently that again to site wind our services mobilized
strong the visibility and in good has oil have gas Robotics we well performed renewables, we're and in global expecting this XXXX both in backlog and a beyond. the Helix markets year, and and performance globally tightening and
vessels robotics utilization. ROV trenching our details XX and Slide
shallow Slide shallow segment. assets the as water and to stocking leading Construction water QX. XX in worsening and overview affected our tends business, the for Alliance, our of our Shallow decommissioning to due abandonment of be in winter seasonal lower utilization Support winter provides Service months reported conditions, some to an weather seasonally water Helix
pipeline The with utilization OSVs performing XX%, in XX%. and one operating a of Offshore a utilization combined abandonment. boat of division decommissioning as crew well services six combined XX with supplied liftboats such and Offshore QX also had abandonments
of division In decommissioning XX% or the QX, XXX Services marketable conducting X,XXX utilization the deployed, of Energy The XX% systems operations P&A division or had XX days services. for had days operations lift and had XX% division combined six Heavy spec. systems. seasonally heavy was assets three the The Lift the utilization diving utilization the across diving as coiled barge for expected and tubing
Over Slide utilization. for it XX systems Slide the vessel Overall, commenced recent XXXX year. XX. be transitional to detail provides Helix expecting Alliance a we to and tough
and our we partners turns, again, performance. the thank far NPT operational high well year would market minimal Helix turning reacted set for like first I employees forecasted, producing better safety and than with in and again and to strong the results As had standards around again the efficiency, we
all our for Our a of for our platform to and businesses, vessels our markets are now leading employees. improved much for utilization strong stable
won improving few well be next generally position with years, a some we long-term the strong processes, and contracted and in For to better rates contracts, conditions. expect terms high-utilization
over I now Brent. call the will turn to
