Delivery of Bourbon Liberty 110

Monday, December 01, 2008

Bourbon took delivery yesterday of the 10th vessel in the Bourbon Liberty series. Bourbon Liberty 110, is a platform supply vessel (PSV) intended for operations in the Gulf of Guinea. At the same time, Bourbon is launching a dedicated website for the Bourbon Liberty series which will be updated as vessels are delivered and become operational: www.bourbon-liberty.com.

Bourbon’s decision to invest in a new generation of vessels able to operate in deepwater offshore, to rapidly replace old and obsolete vessels operating in continental offshore, is a key aspect of its Horizon 2012 strategy. With this aim, Bourbon created the Bourbon Liberty concept and ordered 76 vessels:
•    22 oil platform supply vessels (PSV), the Bourbon Liberty 100,
•    54 platform anchor handling tug supply vessels (AHTS), the Bourbon Liberty 200.

These vessels are mass constructed in competitively priced shipyards in China. The first PSV was delivered in March 2008. In line with the initial schedule, the Bourbon Liberty deliveries will continue at regular intervals through to September 2011. With the integration of 76 new-generation vessels into its fleet, Bourbon is positioning itself as a major player on the market for the renewal of shallow water offshore oil and gas service vessels. By 2012, Bourbon will have a total of over 450 innovative and high-performance vessels, with an average age of less than 5 years.

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