BOURBON has signed a five-year contract with ExxonMobil Guyana Limited to provide maritime services in Guyana, marking a significant advancement in offshore operations.
Target Information
BOURBON, a prominent player in offshore maritime services, has secured a significant five-year contract with ExxonMobil Guyana Limited (EMGL) slated to commence in the first quarter of 2026. This contract involves the use of the Bourbon Calm, a Platform Supply Vessel (PSV), to transport essential products for offshore operations in Guyana, which is rapidly emerging as one of the world's most dynamic oil basins. The contract also includes options for extension, enhancing the partnership's longevity.
Since discovering substantial oil fields in 2015, Guyana has transformed into a fast-growing offshore market. This growth is characterized by the progressive deployment of multiple floating production, storage, and offloading (FPSO) units. BOURBON has actively contributed to the region's development since 2019, leveraging its technical fleet and local expertise to support this burgeoning sector.
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Industry Overview in Guyana
The offshore oil and gas industry in Guyana has experienced unprecedented growth since its initial oil discovery. Having one of the most prolific oil reserves, the country's potential has drawn numerou
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