Bourbon Offshore and Oceanteam sign agreementNews // February 26, 2007
Bourbon Offshore and Oceanteam Power & Umbilical have signed an agreement to co-operate in respect of vessels and services.
The aim of the agreement is to further expand the range of Oceanteam Power & Umbilical's services in combination with the wide range of specialised offshore support vessels from Bourbon.
The initial focus to be on West Africa and the Middle East.
Bourbon, through its subsidiary SONASURF, and Oceanteam, have recently been awarded a long term field support vessel contract by BP Angola for its Greater Plutonium development in Block 18.
In a joint statement, the companies said: "The further development of the relationship, through a combination of market knowledge, experience, services and resources, will allow both companies to enter into new market segments and regions."