MTR100
Bourbon
33 rue du Louvre, 75002 Paris, France Tel.: +33 1 40 13 80 16 www.bourbon-online.com CEO: Jacques de Chateauvieux COO: Christian Lefèvre CFO: Laurent Renard 2007 Revenue: $1.2 billion
Bourbon offers to the most demanding oil and gas clients worldwide a full line of new generation, innovative, high performance vessels and an expanded offer of subsea services. By 2012, Bourbon intends to become the leader in modern offshore oil and gas marine services. Bourbon also protects the French coastline with its vessels chartered by the French Navy, and is developing its bulk transport business for industrial groups within long-term contract relations. Classified by ICB (Industry Classification Benchmark) in the "Oil Services" sector, Bourbon is listed for trading on Euronext Paris, Compartment A, and is included in the Deferred Settlement Service SRD and in the SBF 120 and Dow Jones Stoxx 600 indices. With 4,300 professionals and a fleet of 236 owned vessels, Bourbon is present in more than 25 countries. Each of the Bourbon Divisions is developing real expertise that combines quality of service, technological advances, professionalism and long-term relations with its
contractors. Subsea Services: The start of production of a number of deep offshore oil fields in the last decade has generated new and growing deepwater maintenance and repair needs. In this context, Bourbon has expanded its line of services by launching a new Offshore Activity named Subsea Services, offering IMR services (Inspection, Maintenance and Repair). Building on an initial successful experience in this segment in West Africa through its MPSV fleet and its Engineering and Management subsidiary Bourbon Offshore Gaia, BOURBON has decided to expand both its line of services and its resources, completing it with the expertise of DNT Offshore, a company that operates subsea robots for IMR, which was acquired in December 2007 and is recognized for the qualification of its team and the quality of its fleet of Remotely Operated Vehicles (ROVs). In order to keep pace with the strong growth in this new Activity and strengthen the existing fleet of 11 vessels, Bourbon has already placed orders for 19 vessels, including the latest order for a series of 10 GPA 696 IMR vessels for 450 million euros, whose design is specifically adapted to this type of operations. The Horizon 2012 plan also targets investment in its fleets of ROV's increasing the number from 7 to 21 units by 2012.
(Photo Courtesy: Bourbon)
CEO Jacques de Chateauvieux has helped to orchestrate the meteoric rise of the $1.2B Bourbon.
16 MTR
July 2008
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