Thursday, December 17, 2020
Tuesday, December 10, 2019
Wednesday, October 9, 2019
Friday, July 26, 2019
Insolvent Bourbon Requests Reorganization Proceedings
French offshore services company Bourbon has requested for reorganization proceedings of approximately 900 million euros in liabilities after a Chinese leasing company activated payment guarantes from the company. The request...
Friday, September 7, 2018
Bourbon Offshore: Market Conditions Still Challenging
French offshore services company Bourbon Offshore reported adjusted revenue of 340.1 million euros in the first half of the year, down 15.2% compared to the second half of 2017, citing...
Wednesday, July 11, 2018
Bourbon Suspends Payments on Debt as it Seeks ‘Balanced Solution’ with Lenders
French offshore services provider Bourbon says it has reached a deal with its lenders to temporarily withhold payments and servicing of its debt as the group seeks a “balanced solution”...
Tuesday, February 13, 2018
Bourbon Offshore Reorganizes as it Looks Towards Oil and Gas Market Recovery
French offshore services provider Bourbon has announced a new strategic plan that will involve reorganizing the company into three distinct business units and the sale of more than three dozen...
Thursday, November 3, 2016
Bourbon Sees Offshore Market Hitting Bottom Right Now
France-based Bourbon Offshore is hoping that the market for offshore oil and gas marine services has bottomed out as its fleet utilization rates continued to decline in the third quarter...
Thursday, September 8, 2016
Deep Investment Cuts Slow Rebound for Offshore Oil Services -Bourbon
PARIS, Sept 8 (Reuters) – French oil services company Bourbon said on Thursday that any rebound in oil and gas prices will take a while to reach companies in the...
Tuesday, May 17, 2016
Wednesday, March 30, 2016
Offshore Services Provider Bourbon Diversifies Into Ethane Gas
French offshore services provider Bourbon Offshore has announced a major expansion into ethane gas transportation as the company weathers a “very difficult” market facing the offshore sector. The expansion comes...
Friday, March 25, 2016
Pirates Release Kidnapped Bourbon Crew Off Nigeria
French oil services company Bourbon Offshore has confirmed that two crew members kidnapped from their vessel off the coast of Nigeria last month have been released. The company did not...
Wednesday, March 23, 2016
Bourbon’s Chairman Weighing Bid to Take Company Private, Sources Say
By Dinesh Nair, Francois de Beaupuy and Ruth David (Bloomberg) — Bourbon SA Chairman Jacques de Chateauvieux is considering a bid to take the French oil services company private as...
Monday, March 14, 2016
Thursday, February 25, 2016
Monday, May 11, 2015
Monday, April 13, 2015
Bourbon Offshore: Three Kidnapped from Crewboat Off Nigeria
French offshore services provider Bourbon Offshore confirmed Monday that three crewmembers have been kidnapped one of its crewboats off the coast of Nigeria. In a statement, Bourbon said that three were...
Wednesday, March 4, 2015
Bourbon Profit Hit by Oil Price Slump, 2015 Margins On Deck
Bourbon SA, a French supplier of ships and crew to oil and natural gas producers, said margins may drop this year following a 36 percent profit slump in 2014 as customers reduce investment.
Wednesday, September 17, 2014
Mermaid Maritime Continues Asset-Light Growth Strategy, Wins Sat Diving Contracts
Singapore-listed Mermaid Maritime has announced the winning of a pair of saturation diving contracts in the Middle East worth upwards of USD $45 million. The company notes the two contracts...
Wednesday, September 3, 2014
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