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Press Releases

State-of-the-Art DP II Vessel to Support Pipeline Trenching and Inspection Work

MORRISTOWN, NJ - June 1, 2006 --

Tyco Telecommunications a leading supplier of undersea systems and marine services, announced that it has chartered the Tyco Decisive to Houston-based Canyon Offshore for four months beginning June 1, 2006. The Tyco Decisive will function as the support platform for two remotely operated vehicles (ROVs) including the pipeline trencher Supertrencher II and the work-class ROV Triton XL. The operation will facilitate trenching and inspection in two areas: the Gulf of Mexico and the North Sea

“Canyon’s ROV capabilities combined with the state-of-the-art Tyco Decisive provide the oil and gas industry an innovative and cost-effective alternative to traditional solutions at a time when resources are limited and prices are rising,” stated Scott Sparks, vice president of Trenching Services for Canyon Offshore. “Tyco Telecommunications’ excellent track record as a vessel operator gives us the confidence in our ability to deliver high quality ROV services to oil majors in the forthcoming campaign.”

The Tyco Decisive, one of six Reliance-class vessels in the Tyco Telecommunications fleet, is a versatile, 140 meter vessel based in Baltimore, Maryland. The vessel has an American Bureau of Shipping dynamic positioning system 2 (DPS-2) classification, enabling a variety of complex offshore operations anywhere in the world.

“The Tyco Decisive routinely serves as a platform for complex ROV operations and is ideally suited to support Canyon Offshore’s unique tools and capabilities for this work,” said Rob Munier, managing director for Global Solutions and Marine Sales, Tyco Telecommunications. “This charter further demonstrates the success of Tyco Telecommunications’ efforts to expand our capabilities into the oil and gas market.”

About Tyco Telecommunications
Tyco Telecommunications, a business unit of Tyco Electronics, is an industry pioneer in undersea communications technology and marine services. The company is a turnkey supplier of undersea telecommunications systems and operates a fleet of modern vessels and ROVs serving the undersea cable and offshore markets around the world. Based in Morristown, NJ, Tyco Telecommunications is dedicated to providing total solutions and support for the construction and maintenance of undersea systems. For more information, visit www.tycotelecom.com

About Canyon Offshore
Canyon Offshore is a unit of Helix Energy Solutions Group, Inc., a Houston based energy-service company, which provides alternative solutions to the oil and gas industry worldwide. Canyon owns and operates a fleet of advanced ROV systems for submarine cable flow line burial, trenching services, intervention tooling, technical manpower and project management


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