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Bourbon News
Bourbon to Support Oil and Gas Major’s Drilling Campaign Off Namibia
Bourbon Logistics has secured a new fully integrated logistics contract by an unnamed oil and gas major to support its exploration campaign and the drilling of its first well in the waters of southern Namibia.The campaign, estimated to last about six months, marks a significant step forward in the client’s strategy, particularly in terms logistics strategy with the first integrated logistics contract.For Bourbon Logistics…
Bourbon, Opsealog Form Digital Partnership to Cut OSV Fleet Emissions
Enhanced fleet monitoring and data-driven optimization will be deployed across Bourbon’s global marine and logistics fleet of 104 vessels as part of partnership with Opsealog, aimed at boosting efficiency and reducing greenhouse gas (GHG) emissions.The multi-year agreement follows a six-month pilot on 25 Offshore Supply Vessels (OSVs), which demonstrated average monthly emissions savings of 45 to 50 tonnes of CO2 per vessel…
Bourbon Orders Exail Tech to Streamline Subsea Fleet’s Services for Offshore Energy
UK-based Exail has secured a contract with French maritime services provider Bourbon to supply several units of its Octans Attitude and Heading Reference Systems (AHRS) for integration into Bourbon Subsea Services’s fleet.These units will be installed on multiple Bourbon Evolution 800 Series multi-purpose support vessels (MPSVs) dedicated to subsea operations at depths down to 3,000 meters.IMO-HSC certified…
Bourbon Orders Six Crewboats from Piriou
Bourbon Mobility on Tuesday announced it has ordered six new crewboats from shipbuilder PIRIOU for scheduled delivery in 2025.These new Surfer-type vessels will enhance the fleet operating in West Africa, offering customers a balance between modularity, comfort and energy efficiency, Bourbon said, noting the newbuilds aim to reduce fuel consumption by 20%.With a length of 27 meters and a maximum speed of 30 kts…
Bourbon Wins Award for Onboard Data Collection Initiative
Bourbon was awarded the Trophée de la Charte Bleue (Blue charter trophy) by Armateurs de France at the 18th conference of Les Assises de l'Économie de la Mer on November 28, in Nantes-France. Each year, this emblematic trophy is awarded to a maritime company that is committed to the energy transition and aim at an overall sustainable development that includes strong social responsibility issues.The jury…
Bourbon Inks Partnership Deal with Integrated Wind Solution
Bourbon entered into a strategic partnership with IWS Fleet AS, the vessel owning company of Integrated Wind Solutions ASA to address the French commissioning and…
Bourbon Assets Taken Over by Creditor Banks
French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was hit by volatile energy markets, said its assets would be taken over by its creditor banks.Bourbon said the Marseille commercial court had ruled that Bourbon's assets would be transferred to Société Phocéenne de Participations (SPP) from Jan. 2, 2020.SPP is owned by BNP Paribas, Caisse Régionale de Crédit Agricole Mutuel Alpes Provence…
Bourbon to Support Total in Namibia
Bourbon Marine & Logistics announced on Monday that it has been awarded an integrated logistics contract from Total to support the supermajor's deep offshore exploration campaign in South Namibia in 2020. The project scope covers provision of logistics base, freight forwarding, custom clearance, material storage & warehousing, handling and lifting, marine port visits support along with tank cleanings…
Bourbon Commits 100+ Vessels to Fleet Xpress
Marine services firm Bourbon has signed a contract committing more than 100 offshore support vessels (OSVs) to Inmarsat’s Fleet Xpress, the maritime broadband service that combines the speed of Ka-band with continuous back up from Inmarsat’s FleetBroadband operating on L-band.The deal represents a breakthrough offshore contract for Fleet Xpress, which is already installed on some 7,000 vessels - mainly seagoing merchant ships…
Bourbon Receives Takeover Offer
French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was impacted by volatile energy markets, said it had received a takeover offer for its assets."As part of the reorganization proceedings opened since August 7, 2019 by the Marseilles Commercial Court to the benefit of Bourbon Corporation and its affiliate Bourbon Maritime, Court Administrators have received a takeover offer," Bourbon said in a statement on Wednesday."This offer -
Update on Bourbon Rhode SAR Operations
Following reports by two seafarers onboard the Alp Striker during the night of Sunday to Monday, of signals that they interpreted as potentially emanating from a distress flare…
Bourbon Aims to Step Up Crew Boat Comfort
Offshore personnel transport provider Bourbon Mobility said it is proposing services inspired by the aviation industry for its customers.The company has called on the expertise of the PEUGEOT Design Lab for the design of new cabins developed in a range of three comfort levels: Business Class, Premium and Eco. Designers created a cabin layout that guarantees optimal safety, VIP comfort seats and ergonomic storage.
Market in Focus: Offshore Services Vessels
Newbuild MarketUnsurprisingly, across the offshore sectors, newbuild orders have been scarce to none. Oversupply is still a major problem for the industry and due to slippage, ordering vessels now would be counterproductive. Why order brand new vessels from a yard and wait several years for these to be delivered, when you can purchase readily available cheap tonnage direct from the yards ready to go?Source…
Bourbon BoD to Analyze Restructuring Proposals
Following the submission of financial restructuring proposals subject to conditions precedent, the Board of Directors of BOURBON Corporation reviewed today the two proposals which are considered relevant to the interests of the group, its employees, its partners and its shareholders.In particular, the Board relied on the review done by an ad hoc committee of four Directors (two of whom are independent)…
First Ever ‘DP Digital Survey’
A team of industry partners say they have successfully tested a new solution for dynamic positioning (DP) system performance and redundancy audits – an industry first.Developed by Norway's Kongsberg Maritime in collaboration with offshore service provider BOURBON and DP experts at Bureau Veritas (BV), the ‘DP Digital Survey’ application runs on an industrial data management system that ensures unprecedented data consistency for the verification of installed systems, Kongsberg Maritime explained.
First 'DP Digital Survey' Completed
Kongsberg Maritime, Bureau Veritas (BV) and Bourbon verify a new application that enables remote surveying of Dynamic Positioning systems on boardKongsberg, BV and Bourbon announced a first in the maritime industry: the successful testing of a new solution for DP (Dynamic Positioning) system performance and redundancy audits.The ‘DP Digital Survey’ application runs on an industrial data management system to help ensure data consistency for the verification of installed systems.
Bourbon Advises of General Waiver Renewal with Lenders
Bourbon has announced the renewal of the general waiver with its leasers and debt holders representing the majority of the group’s debt, thus allowing it to suspend the payments of its loans and debt.According to Bourbon, the waiver allows it to stay focused on its operational priorities, while pursuing its search for all solutions capable of adapting its financing to its performance, in a secured framework.In a prepared statement…
Floating Wind Turbine Installed at Kincardine
Contracted by the Spanish construction group Cobra, Bourbon Subsea Services completed the installation of the first wind turbine at Cobra Wind’s Kincardine site, Scotland, off the coast of Aberdeen this summer.For Bourbon Subsea Services the delivery of the operational scope included towing the floater to Dundee, prelaying the four-leg mooring system and installing the fully assembled wind turbine on site…
Hochoa Takes Over as Bourbon CFO
French offshore services provider Bourbon Corporation announced Thierry Hochoa has been appointed as Chief Financial Officer effective as of August 6. He reports directly to Gaël Bodénès, Chief Executive Officer of Bourbon Corporation.Hochoa replaces Astrid de Bréon who resigned from her position as Chief Financial Officer from July 11.A graduate of IAE Paris, ESCP Business School and also CPA, Hochoa began his career in 1994 as an external auditor at Arthur Andersen, then Ernst & Young (EY).
BOURBON Signs General Waiver with Lenders
BOURBON announced it has signed a general waiver with its leasers and debt holders representing the majority of its debt, allowing the group to withhold the payments of its loans and the servicing of its debt.The waiver, which is aimed at protecting the group, allows the French based offshore services provider to focus on its operational priorities and on the implementation of its #BOURBONINMOTION…
