Latest Bourbon Stories

PARIS, May 2, 2013 /PRNewswire/ -- Revenues up 13.4% vs. 1st quarter 2012 And stable compared with 4th quarter 2012 due to seasonal effects "In a favorable context for the oil & gas and related services industry, BOURBON is continuing to grow. Daily rates for vessels with contracts renewals continue trending upwards," says Christian Lefevre, Chief Executive Officer of BOURBON. "In the first quarter, BOURBON took delivery of 4...

PARIS, April 9, 2013 /PRNewswire/ -- Main Resolutions Passed by the Board to Date Will be Submitted to the General Shareholder Meeting to be Held on May 28, 2013 At its meeting of April 9, 2013, the BOURBON's Board of Directors decided to seek approval from shareholders on the following resolutions to the combined General Shareholder Meeting which will be held on Tuesday, May 28, 2013: The distribution of a dividend of EUR0.82 per share, equivalent to that paid in 2012 As of the stock...

PARIS, April 9, 2013 /PRNewswire/ -- Rolling out "TRANSFORMING FOR BEYOND" BOURBON and ICBC Financial Leasing (China) signed an operating lease Framework agreement for up to US$1.5 billion corresponding to the sale and bareboat charter back for 10 years of up to 51 vessels BOURBON is rolling out a transformation plan for its future growth. As part...

PARIS, February 26, 2013 /PRNewswire/ -- BOURBON Takes Delivery of the Bourbon Evolution 803, the 3rd Vessel in the 1st Large IMR Series for the Offshore Industry A series of vessels designed to operate in complete safety at depths of 3000 meters. The first two sisterships already operate in West Africa. Resource exploration is going into increasingly deep waters and the new milestone for oil and gas marine industry operations is now at 2,500 to 3,000 meters. To...

PARIS, February 6, 2013 /PRNewswire/ -- Strong growth in 2012 2012 revenues: up 17.7% to 1.187 billion euros 4th quarter 2012 revenues up 14.5% "In a favorable oil and gas services market, BOURBON's growth is in line with the BOURBON 2015 Leadership Strategy plan. Average daily rates are still in a suitable range," says BOURBON's Chief Executive Officer Christian Lefevre. "Our...

PARIS, December 3, 2012 /PRNewswire/ -- The BOURBON Board of Directors accepted Mr. Christian de Chateauvieux's resignation, for personal reasons, from his position as Director effective November 7th 2012 at the board meeting on November 30th 2012. Mr. Christian de Chateauvieux has been a Director since 1990. He had a role in BOURBON's growth and the focus on offshore oil marine services. All members of the Board of Directors thanked him for his commitment during...

PARIS, November 7, 2012 /PRNewswire/ -- Revenues up 18.9% over 9 months (+14.0% at constant exchange rate) "In a favorable oil and gas services market, BOURBON's growth is in line with the BOURBON 2015 Leadership Strategy. Average daily rates are rising regularly and apply to an ever growing fleet," says Christian Lefevre, BOURBON's Chief Executive Officer. "Revenues from the Shallow water offshore vessels segment are up sharply for the quarter at EUR92...

PARIS, August 29, 2012 /PRNewswire/ -- Revenues: +17.7% EBITDA: +27.2% to EUR180.8 million Net income, group share: EUR17 million "Against the backdrop of a continuing favorable market environment, BOURBON reports growth in line with the BOURBON 2015 Leadership Strategy plan, as the positive impact of the increase in average daily rates applies to an expanding...

PARIS, June 21, 2012 /PRNewswire/ -- To support its growth and finance its investment program for new vessels, BOURBON announces the establishment of new financing for a total of 420 million euros. The financing takes the form of a new Club Deal for a total of 240 million euros with a syndicate of 8 French banks on one hand and on the other hand BOURBON's strengthening of the geographical diversification of its finance, obtaining loans from 6 foreign banks for a total...

PARIS, June 1, 2012 /PRNewswire/ -- The Combined General Meeting of BOURBON shareholders was held today in Paris, chaired by Mr Jacques de Chateauvieux. All the resolutions submitted to a vote were approved, notably: - Distribution of a dividend of 0.82 euro per share, equivalent to that paid in 2011. As of stock market trading on June 5, 2012, the BOURBON share will be quoted ex-dividend. The dividend will be paid on June 8,...