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May 5, 2010

Bourbon wins Brazil contracts

Bourbon's Brazil subsidiary, Bourbon Offshore Maritima, formerly Delba Maritima Navegacao, has signed contracts with Petrobras for 13 new vessels. The contracts cover:

1 Bourbon Liberty 200, an 80-tonne traction AHTS (Anchor Handling Tug Supply vessel), for three years from May 2010;

7 Bourbon Liberty 100, a PSV (Platform Supply Vessel), for four years. These vessels will be put into service between June and October 2010;

5 18-m passenger transport crew boats, for 8 years. These vessels will join other vessels of the same type that have already been working for Petrobras in Brazil for two years and have given full satisfaction.

Bourbon Offshore Maritima's fleet will thus be increased from 17 vessels (11 supply and 6 boats) to 30 vessels (19 supply and 11 crew boats) between now and the end of the year.

Bourbon EVP and COO Christian Lefèvre, called the contracts "a real boost to Bourbon in its strategy of investing in innovative high-performance vessels that help clients reduce their costs, in particular through our Bourbon Liberty series."


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