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BOURBON orders 56 platform supply vessels for its offshore oil and gas services

Paris, April 24, 2006

In line with its leadership strategy in modern offshore, BOURBON is expanding its fleet with next-generation, innovative and high-productivity vessels to assist its oil and gas clients in the development of their deepwater and continental offshore operations. On February 28, 2006, in the context of its Horizon 2010 plan, BOURBON announced investments of 1.45 billion euros, 85% (1.23 billion euros) of which will be devoted to the Offshore Division.Since January 1st, 2006, BOURBON has placed the first series of orders for 56 modern offshore oil and gas supply vessels, which represents a total USD 808 million (672 million euros). These 56 vessels are in addition to the 27 supply vessels already under construction at December 31, 2005.24 april Press Release

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