BOURBON : Press Release - BOURBON expands its fleet by three subsea ROVs

PARIS, Jan. 20, 2015 (GLOBE NEWSWIRE) --

BOURBON expands its fleet by three subsea ROVs, continuing its growth in offshore oil & gas subsea services

BOURBON has commissioned 3 next-generation Heavy Duty Work ROVs (Remote Operated Vehicle) designed by FMC Technologies Schilling Robotics. Capable of operating at depths of up to 3000 m, these underwater vehicles will be deployed on Multi-Purpose Support Vessels (MPSV) such as the Bourbon Evolution 800 series.

Fitted with high-tech equipment - manipulator arms, dynamic positioning, high definition camera, sonar and software - these HD Work ROVs are highly maneuverable. They can carry up to 3000 Kg of special measurement or intervention tools. They are therefore ideal for activities such as survey, wellhead installation, or asset tie-in.

These HD Work ROVs help to perform a wide variety of tasks, including:

  • monitoring of operations through video coverage,
  • inspecting structures to check on corrosion,
  • installing subsea equipment,
  • assembling production systems,
  • or taking measurements and collecting survey data.

Like the group's MPSV vessels, the BOURBON ROV fleet is deployed across the world near the areas of operation of its clients, major oil companies and contractors. Most of the ROVs are deployed in Mediterranean waters, in West Africa, and soon in the Far East. For example, 3 ROVs are operating in Italian waters for Eni on survey and inspection missions; and 5 in West Africa (Nigeria, Angola, etc.) under contract with Total and Saipem for survey, Inspection, Maintenance, Reparation and construction missions.

The advantages of standardization

In line with the group's standardization strategy, these ROVs are purchased as a series. This standardization yields many advantages for clients in terms of reliability and continuity of service. It helps to make ROV maintenance easier and to develop specific simulator training sessions.

"BOURBON's employees are trained and proven for this type of operation. We provide our clients with highly-qualified, experienced ROV operators. Capable of piloting as well as maintaining these next-generation ROVs, they ensure the proper monitoring of operations, upstream and downstream," explains Patrick Belenfant, BOURBON's Senior Vice President Subsea Services.

Since 2009, BOURBON is expanding its fleet of HD Work ROVs, working closely with FMC Technologies Schilling Robotics. Three other next-generation ROVs will be further added to the fleet of ROVs by the end of 2015, which will then amount to 18 units, including 11 Work-class ROVs. "We are very excited that BOURBON continues to experience the superior reliability of our ROV technology, and continues to expand their fleet with us," says Tyler Schilling, President of FMC Technologies Schilling Robotics.

About BOURBON

Among the market leaders in marine services for offshore oil & gas, BOURBON offers the most demanding oil & gas companies a wide range of marine services, both surface and sub-surface, for offshore oil & gas fields and wind farms. These extensive services rely on a broad range of the latest-generation vessels and the expertise of more than 11,000 skilled employees. Through its 28 operating subsidiaries the group provides local services as close as possible to customers and their operations throughout the world, of the highest standards of service and safety.

BOURBON provides two operating Activities (Marine Services and Subsea Services) and also protects the French coastline for the French Navy.

In the first 9 months of 2014, BOURBON'S revenue came to €983.4 million and the company operated a fleet of 501 vessels as of September 30, 2014. Under the "BOURBON 2015 Leadership Strategy" plan, the group has built a vast fleet of innovative, high-performance mass produced offshore vessels.

Placed by ICB (Industry Classification Benchmark) in the "Oil Services" sector, BOURBON is listed on the Euronext Paris, Compartment A.

Contacts

BOURBON

Investor Relations, analysts, shareholders
James Fraser, CFA
+33 491 133 545
james.fraser@bourbon-online.com

Corporate Communications
Christelle Loisel
+33 491 136 732
christelle.loisel@bourbon-online.com

Media relations agency
Publicis Consultants

Jérôme Goaer
+33 144 824 624
jerome.goaer@consultants.publicis.fr
Véronique Duhoux
+33 144 824 633
veronique.duhoux@consultants.publicis.fr
Vilizara Lazarova
+33 144 824 634
vilizara.lazarova@consultants.publicis.fr

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Source: BOURBON