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Higher oil price makes Bourbon CEO optimistic about the future

The higher average oil price gives oil majors a breather, and this could benefit suppliers such as Bourbon, which are still struggling with a market plagued by far too many vessels, says CEO in annual report.

Photo: PR-foto: Bourbon

Prospects are looking somewhat better, says CEO Gaël Bodénès of French offshore carrier Bourbon – despite the fact that the carrier's adjusted revenue slipped 21 percent in 2017, according to the annual report.

Bourbon's revenue finished at EUR 860.6 million against EUR 1.1 billion in 2016.

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