BOURBON (EPA:GBB) BOURBON wins contracts for Petrobras in Brazil

Transparency directive : regulatory news

05/05/2010 07:00

Paris, May 5, 2010

BOURBON wins contracts for 8 Bourbon Liberty supply vessels and 5 crew boats for
                            Petrobras in Brazil

Bourbon Offshore Maritima, formerly Delba Maritima Navegação, the BOURBON
subsidiary in Brazil, has strengthened its position on the Brazilian market by
signing contracts with Petrobras for 13 new vessels. The contracts cover:

-  1 Bourbon Liberty 200, an 80-tonne traction AHTS (Anchor Handling Tug Supply
   vessel), for three years from May 2010;
-  7 Bourbon Liberty 100, a PSV (Platform Supply Vessel), for four years. These
   vessels will be put into service between June and October 2010;
-  5 18-metre passenger transport crew boats, for 8 years. These vessels will
   join other vessels of the same type that have already been working for
   Petrobras in Brazil for two years and have given full satisfaction.

Christian Lefèvre, Executive Vice-President and Chief Operating Officer of
BOURBON announced:

"We are delighted to have been selected by Petrobras. This is a real boost to
BOURBON in its strategy of investing in innovative high-performance vessels that
help clients reduce their costs, in particular through our Bourbon Liberty
series. It also demonstrates that the offshore market in Brazil offers numerous
development opportunities that BOURBON is well equipped to support, through its
subsidiary Bourbon Offshore Maritima, by offering our full array of services and
technical expertise from a local base."

With 40 Bourbon Liberty vessels currently in service, these contracts for 8 new
vessels underline the success of this range of vessels whose features are
ideally suited both to continental offshore and deepwater offshore.

Bourbon Offshore Maritima's fleet will thus be increased from 17 vessels (11
supply and 6 boats) to 30 vessels (19 supply and 11 crew boats) between now and
the end of the year.

About Bourbon Offshore Maritima
Bourbon Offshore Maritima, formerly Delba Maritima Navegação, is the
subsidiary of the BOURBON Group in Brazil. With 515 employees based at 5
locations, it currently operates 17 vessels. It was created in 1970, and from
2001 was coowned by BOURBON in a joint venture with its founders. Buy-out
agreements were signed at the end of December 2009.

About BOURBON
BOURBON offers a broad range of offshore oil and gas marine services. Under its
strategic plan BOURBON intends to become the leader in modern offshore oil and
gas marine services by offering the most demanding clients worldwide, a full
line of innovative, high performance and new-generation vessels and a modular
offer of Inspection, Maintenance and Repair services, with the launch of its new
"Subsea Services" Activity.

BOURBON also specializes in bulk transport and protects the French coastline for
the French Navy.
Classified by ICB (Industry Classification Benchmark) in the "Oil Services"
sector, BOURBON is listed for trading on Euronext Paris, Compartment A, and is
included in the Deferred Settlement Service SRD and in the SBF 120 and Dow Jones
Stoxx 600 indices.

Contacts
Publicis Consultants / Press Relations
Jérôme Goaer      +33 (0)1 57 32 85 35  jerome.goaer@consultants.publicis.fr
Elodie Woillez    +33 (0)1 57 32 86 97  elodie.woillez@consultants.publicis.fr

BOURBON
Investors - Analysts - Shareholders Relations
Patrick Mangaud    +33 (0)1 40 13 86 09  patrick.mangaud@bourbon-online.com
Communications Department
Christa Roqueblave +33 (0)1 40 13 86 06  christa.roqueblave@bourbon-online.com

             Toutes les informations sur www.bourbon-online.com

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