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doogdilinger

11/28/07 11:25 PM

#38191 RE: JoeSmith #38190

Nice joe...

Thanks to the 3,530 men and women who work for the company worldwide, a fleet of 170 new generation modern offshore vessels (and 177 vessels on order at the end of June 2007), we generated turnover of 377 million euros in 2006.

With considerable capacity for investment, our technical and technological expertise and our highly-skilled staff, Bourbon Offshore is in a position to respond to the very real technological revolution that the offshore oil industry is undergoing.

Our vessels are able to meet the requirements of the traditional offshore market (depths of less than 200 m) and the demands of the deepwater offshore industry (up to a depth of 3,000 m).

A trail-blazer in safety and environmental requirements, BOURBON anticipates market changes and insists on going beyond current standards and regulations in order to offer its oil customers the highest standards of quality.

Equipped with the most innovative technologies, the flagships of the fleet are proof of that commitment: new more efficient hulls like the inverted bow (Ulstein X-Bow™ design), the secure anchor handling systems, diesel-electric propulsion, exhaust treatment systems, double hulls to contain environmental damage in the event of accidental leaks. These innovations, already installed on Bourbon Orca and the PSVs Bourbon Mistral and Bourbon Monsoon, have earned the “Clean” and “Clean design” classifications.

In the highly dynamic sector of offshore oil production, Bourbon Offshore’s competitiveness and success relies on the individual expertise and collective motivation of our staff.
The Offshore Division crews, who are highly qualified for each of their missions, operate all ship classes in deepwater and continental offshore.
The expertise of our teams is thus essential to our ability to develop sound client relations based on mutual trust, creating genuine satisfaction and sustainable business relationships.

We are proud of the cultural diversity of our personnel.
Decisions on crewing, recruitment, training and promotion for any given position are based on objective professional profiling criteria, consistent with our clients’ demands.

For about fifteen years, the offshore oil market has been undergoing a structural change, with an increase in national and local state-owned operators alongside the historical majors. Familiar with both types of operators, BOURBON knows how to adapt to their different corporate cultures.

The international giants, the majors and supermajors of the oil industry, today represent more than 50% of the revenues of the Offshore Division with new customers. The Division’s customers also include more state-owned companies, like Petrobras in Brazil, Sonangol in Angola and even, since 2006, Pemex in Mexico and ONGC (via Transocean) in India.

Operating all over the world, close to its local or international customers, Bourbon Offshore is developing close cooperation with these customers. To better adapt to each regional context, Bourbon Offshore has always favored a true partnership with local, private and public companies.

These partnerships, based on pooled capital, expertise and management, guarantee the best conditions for integration in the country. They generate synergies in multiple areas: technical expertise and skills, knowledge of the field, human resources, etc. Since 1999, Sonasurf in Angola has been an historic example of the success of this policy, which has continued and which led in 2006 to the creation of two joint ventures: Bourbon Offshore Asia in Singapore and Naviera Bourbon Tamaulipas in Mexico.

Modern and multi-purpose vessels, state-of-the-art technology, highly-skilled personnel, financial strength and strategic alliances – these are some of the assets that have helped to make Bourbon Offshore a major force in marine services for the offshore oil industry