Bourbon, Horizon JV to provide offshore services

Bourbon Horizon will provide marine services and operations in the North Sea and Canadian offshore markets. The company will be incorporated in Norway and strategically positioned in Fosnavåg, Norway and Newfoundland and Labrador, Canada, with a base fleet of seven modern and capable offshore support vessels: five platform supply vessels, a large anchor handling tug supply vessel and an MPSV currently configured for subsea and trenching services.

Former director of offshore services at Horizon Maritime, Cliff Gaetz, will be managing director of Bourbon Horizon.  He will be supported by Bourbon Norway managing director Bjørn Remoy and senior operational leads, Ståle Kyrkjedelen and Colin Doody.

Bourbon Horizon will combine the extensive knowledge of harsh offshore environments of its parent companies, offering comprehensive ship management services to other shipowners in the industry. The new venture will employ more than 200 experienced employees, including a deep pool of experienced seafarers.

Bourbon Marine & Logistics chief executive Rodolphe Bouchet said the strategic partnership with Horizon Maritime represented “a tremendous opportunity” to strengthen the company’s current position in the North Sea markets adding, “The Bourbon Horizon JV will also support the consolidation of the OSV sector in harsh environments, while achieving substantial economies of scale, to allow the creation of a diversified and particularly competitive offering.”

Mr Gaetz commented, “I’m excited to join my colleagues in this joint venture. Bourbon Horizon AS will combine our expertise in challenging offshore environments, focused on delivering modern equipment, experienced personnel, innovative solutions, and exceptional value in support of offshore oil and gas and renewable projects.”