Bourbon forms Guyanese offshore vessel company

Bourbon Guyana said it offers a full range of marine and offshore services. It supports ExxonMobil and offshore engineering group Saipem in Guyana, developing the Stabroek field.

“We share the same culture with Bourbon and our visions for the future of the industry in Guyana are aligned,” said Tethys Marine & Logistics chief executive Jaikerran Persaud. “It is important for Bourbon Guyana to consolidate its leadership position in this promising territory.”

This is the second partnership Bourbon has formed this year to benefit from growing offshore and marine markets.

In February 2023, Bourbon Offshore and Horizon Maritime launched a new joint venture, Bourbon Horizon, to provide marine services and operations in Canadian offshore markets, particularly off Newfoundland and Labrador, Canada, and in the North Sea.

ExxonMobil and Saipem have worked together to develop multiple deepwater oil and gas fields in the Stabroek block offshore Guyana with networks of subsea wells, flowlines, pipelines and umbilicals linked to floating production storage and offloading vessels.

This includes developing Liza Phase 1 and 2, Payara and Yellowtail and will soon include the Uaru oilfield after Saipem won a contract covering this development in December 2022.

The contract scope includes the design, fabrication and installation of subsea structures, risers, flowlines and umbilicals for a large subsea production facility.

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