French Offshore Giant Bourbon Orders Six New Vessels Following Corporate Restructuring
Bourbon, the French offshore services provider, has placed orders for six new crew transfer vessels (CTVs) as part of its recovery strategy following major financial restructuring. The vessel orders mark a significant milestone in the company’s efforts to rebuild and modernize its fleet after completing debt restructuring and recapitalization earlier in 2025.
The new vessels will operate under a five-year contract with Eni Congo, supporting the Italian energy company’s floating LNG projects off the Republic of Congo coast. This contract represents Bourbon’s renewed ability to secure long-term offshore support agreements and demonstrates growing confidence in the company’s operational capabilities following its corporate turnaround.
The CTV orders reflect Bourbon’s strategic focus on positioning itself for growth in offshore wind and gas support services. The company’s successful emergence from financial difficulties has enabled it to pursue new vessel investments and expand its presence in strategic markets across the offshore energy sector.
Bourbon’s recovery story highlights the resilience of established offshore service providers in navigating industry challenges. The company’s ability to secure significant new contracts and invest in fleet expansion demonstrates the ongoing demand for specialized offshore support services, particularly in the growing LNG sector.
The vessel deliveries will strengthen Bourbon’s operational capabilities and support its commitment to providing reliable offshore support services to major energy companies operating in African waters.
Source: TradeWinds News
