2003, on deep offshore maritime services in Brazil and West Africa and in 2004 on subsea operations by acquiring the company Gaia Enterprise, which a year later became Bourbon Offshore Gaia. In October 2003, Bourbon entered the capital of Naïade Resorts, a group managing the hotels Les Villas du Lagon, Les Villas du Récif and Les Créoles. In August 2007, the group resold its shares to shareholders of the hotel group. In May 2005, the group bought out CBo Territoria in the area of ​​property development. It is a question of exploiting the land heritage inherited by the group's chairman and managing director, Jacques de Chateauvieux. In 2013, he sold his shares in CBo Territoria to the managers of the property company. In 2005, the Bourbon Group became BOURBON. The head office, first based in La Réunion, in Sainte-Marie, was transferred to Paris in June 2005. Bourbon entered the SBF 120 index of the Paris Stock Exchange in 2006 2007-2016: offshore oil and gas marine services Bourbon sold the port towage business in 2007 and positioned itself in the Inspection, Maintenance and Repair (IMR) market for offshore oil fields. In 2008, Bourbon acquired DNT Offshore, an Italian company specializing in underwater robot operations. The group then separated from its "ancillary" activities (sweets, bulk transport, etc.) to refocus on offshore maritime services. At the end of 2014, the oil sector was marked by the sudden drop in the price of a barrel of oil, the start of a deep crisis for the entire offshore market. 2017-2020: fall and transformation Then, in December 2017, it was transferred from Paris to Marseilles (with ratification on May 30, 2018). Financial restructuring and change in shareholding The offshore market crisis continued and led Bourbon to sign a debt restructuring agreement with its creditor banks in mid-2017. Without a positive sign of market recovery, the group announced in mid-March 2018 a net loss, group share, of 576.3 million euros for 2017. It reopened these negotiations on April 20, 2018: in agreement with its shareholders, it announced suspended rent payments and debt servicing pending ongoing negotiations with lessors and creditors, in order to focus funds on "operational priorities and market recovery", which "should encourage parties to reach an agreement as soon as possible". In view of the financial difficulties, its shareholders authorize it to postpone for one year an interest payment of approximately 3.9 million euros normally