BOURBON: Resignation of a Member of the Board of Directors

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Dec 03, 2012, 01:00 ET

PARIS, December 3, 2012 /PRNewswire/ --

The BOURBON Board of Directors accepted Mr. Christian de Chateauvieux's resignation, for personal reasons, from his position as Director effective November 7th 2012 at the board meeting on November 30th 2012.

Mr. Christian de Chateauvieux has been a Director since 1990. He had a role in BOURBON's growth and the focus on offshore oil marine services.

All members of the Board of Directors thanked him for his commitment during his term in office.

About BOURBON

BOURBON offers the most demanding oil and gas companies a comprehensive range of surface and subsea marine services for offshore oil and gas fields and wind farms, based on an extensive range of latest-generation vessels. The Group provides a local service through its 27 operating subsidiaries, close to clients and their operations, guaranteeing the highest standards of service quality and safety worldwide.

BOURBON has two Businesses (Marine Services and Subsea Services) and also protects the French coastline for the French Navy.

Under the "BOURBON 2015 Leadership Strategy" plan, the Group is investing in a large fleet of innovative and high-performance offshore vessels built in series.

In 2011, BOURBON posted revenues of €1.008 billion and operated a fleet of 458 vessels as of September 30, 2012.

Classified by ICB (Industry Classification Benchmark) in the "Oil Services" sector, BOURBON is listed for trading on Euronext Paris, Compartment A, participates in the Deferred Settlement Service ("SRD") and is included in the SBF 120, CAC Mid 60.

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SOURCE BOURBON