Bourbon Guyana has become the first indigenous offshore support vessel operator in Guyana after a local company joined the joint venture.
Bourbon Marine & Logistics reported on 17 April that it had established a partnership with the Guyanese company Tethys Marine & Logistics, which became a 51 per cent shareholder of the Bourbon Guyana joint venture.
“We share the same culture with Bourbon and our visions for the future of the industry in Guyana are aligned. It is very important for Bourbon Guyana to consolidate its leadership position in this promising territory,” said Jaikerran PERSAUD , CEO of Tethys Marine & Logistics.
With 75 per cent Guyanese directors, Bourbon Guyana has therefore become the first indigenous offshore support vessel operator, fully compliant with the most recent local content regulations.
“The partnership with Tethys Marine & Logistics represents a tremendous opportunity to strengthen our current position in Guyana,” said Rodolphe Bouchet , CEO of Bourbon Marine & Logistics.
“Through this operation, Bourbon becomes a “Guyanese” company in country with a local majority shareholder. This is a very important aspect for us, as we always want to include local content in the territories in which we are present.”
Bourbon Guyana has operated in the country since 2019, supporting ExxonMobil Guyana and Saipem Guyana for the development of the Stabroek field .
The company’s fleet consists of six vessels, including a large platform supply vessel (PSV), anchor handling tug and supply (AHTS) vessels and tugs. According to Bourbon, the Guyanese company promotes local employment with more than 70 Guyanese seafarers onboard its vessels.