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TOPAZ

Topaz Completes Milestone of Vopak Project

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Topaz Energy and Marine Ltd. through its subsidiary Nico International, part of the newly established Topaz Engineering division has successfully completed the first milestone activity of a project for Vopak Horizon Ltd., Fujairah. The project was awarded to Nico by Interbeton (currently being rebranded as BAM International), Abu Dhabi in November last year for the design, fabrication & installation of offshore trestles and pipes. The project is due for completion in December 2009. During this project Topaz undertook the construction of Berth five and six of the 1.5 million cubic meter oil terminal for Vopak in Fujairah. The project also included fabrication and erection of offshore structures weighing 1,055 metric tonnes; design, fabrication and erection of offshore piping of eight kms length and erection of six Marine Loading Arms. Some of the other products being erected are gangway towers, fire fighting equipments, stripping pumps, nitrogen & slop tanks, pig launchers, operator cabins and MCC Containers. The first milestone of the project was the completion of the erection of Trestle TB four weighing 56 metric tonnes, which was performed with an A-frame barge of the main contractor Interbeton. The first milestone was safely completed without a lost time injury (LTI). 2008 was a record year for Topaz and the company presented record results for the eighth consecutive year


Topaz Secures another West Africa Contract

The Topaz Faye

Topaz Energy and Marine, an offshore support vessel company with primary operations in the Middle East and Caspian, announced a new contract win for its fast growing West Africa operation. Under the terms of the $11 million agreement, Topaz will supply a global oil major with a platform supply vessel, the Topaz Faye, for 18 months to support its offshore production operations. This contract comes on the back of several recent contract wins in West Africa and further strengthens


Topaz Takes a Double at Seatrade Awards

Photo courtesy Topaz Energy and Marine

During Seatrade’s grand award ceremony in Dubai on Oct. 8, Topaz Energy and Marine was awarded two prestigious accolades. Fazel A. Fazelbhoy, CEO of Topaz Energy and Marine received the award for the Personality of the Year and Topaz Marine MENA won the Workboats award. The Personality of the Year award presented to Fazelbhoy was one of three special honours on the night, bestowed upon individuals for their significant and lasting contribution to the shipping and maritime industry


Topaz Expansion to West Africa

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Topaz Energy and Marine (‘Topaz’), a leading oilfield services group, has secured a two vessel contract offshore Nigeria for the duration of 2011. The award constitutes a new market entry for Topaz in the strategically important and buoyant West African offshore sector. Topaz has mobilised two Anchor Handling Tug Supply Vessels (AHTSV), Topaz Johor and Topaz Jurong, for an eight month contract to support operations in the Atlas, Mira and Brittania fields, offshore Nigeria


Topaz Wins New Charters, Acquires Two AHTS

Topaz signs over $65 million of new charters and announces the acquisition of two AHTS. Renaissance subsidiary, Topaz Energy and Marine (“Topaz”), a UAE-based oil field services company, has been awarded two new long term charters, totalling over $65 million, in the GCC and the Caspian Sea, two of the company’s major operating areas. It also confirms the acquisition of Topaz Rayyan and Caspian Reliance, two Anchor Handling Tug Supply Vessel (AHTS).  


Topaz secures another West Africa contract

Topaz-faye DP2 platform

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced a new contract win for its fast growing West Africa operation. Under the terms of the US$ 11 million agreement, Topaz will supply a global oil major with a platform supply vessel, the Topaz Faye, for 18 months to support its offshore production operations. This contract comes on the back of several recent contract wins in West Africa and further


Topaz Appoints Bayliss as COO

Topaz Energy and Marine announced the appointment of Bill Bayliss as the Chief Operating Officer of Topaz Engineering, the company’s engineering division. Bayliss has been appointed COO of Topaz Engineering, effective immediately. He replaces the outgoing COO Jim Masterton who remains with the company in an advisory capacity. A 20 year veteran of the oil & gas industry, Bayliss has had a successful career with industry names such as KBR and Petrofac


Topaz Acquires MSV

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  Topaz Marine recently confirmed the acquisition of the Multipurpose Support Vessel (MPSV) Ocean Commander in . The vessel has been renamed Topaz Commander and joins Topaz Marines’ fleet of around 100 vessels. Built in 1999 in Myklebust as a 84 m UT 745 Platform Supply Vessel (PSV), the addition of a 50t knuckle boom crane makes the Topaz Commander a highly competent MPSV. She is classed as a DP2 vessel and features twin thrusters aft, a tunnel thruster and drop azimuth forward


Topaz Delivers $75M Oil & Gas Project

Photo courtesy Topaz Energy and Marine

Topaz Energy and Marine announced the project delivery of the deck structure of a Mobile Offshore Production Unit and storage (MOPUstor). The MOPUstor deck was constructed by Topaz Fabrication and Construction; part of the Topaz Engineering division under a subcontract from Single Buoy Moorings Inc for its client, Talisman Energy Norge AS. The value of Topaz Engineering’s portion of the work was $75m.   Topaz’s scope of work was fabrication and construction of the hull and


Topaz Expands Caspian Presence

Caspian Provider, a 6,300 BHP platform supply vessel operating in Topaz’s Caspian fleet

Topaz Energy and Marine, an offshore support vessel owner with primary operations in the Middle East and Caspian, announced that it has secured new multi-year charters in the Russian Filanovsky project for nine of its offshore support vessels amounting to approximately $20 million. The vessels have been deployed to offshore contractor Saipem and will support the development of the Filanovsky oil and gas field in the Northern Caspian Sea


Topaz to Supply Two PSVs in West Africa

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Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, has announced the expansion of its West African operations with the award of two PSV contracts worth $50 million (USD).


Bulletproof Crewboats Delivered in Nigeria

Photo: Incat Crowther

Incat Crowther is pleased to announce that Veecraft Marine has delivered a pair of 20m Monohull Crewboats and signed a contract to build a 30m Wave Piercing Catamaran Crew Boat. Hot on the heels of delivering Magen Defender and Masud Defender


Topaz Reports NMEL Results

2013 revenue up 22% over last year to $376.5 million as a result of the expansion of the core vessel fleet and high vessel utilization Topaz Energy and Marine, an offshore support vessel company, announced the results of its subsidiary Nico Middle East Ltd


Topaz Revenue up 22%

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Topaz Energy and Marine, a offshore support vessel company, announced the results of its subsidiary Nico Middle East Ltd. for the 12 months ended December 31, 2013. The period has seen continued strong and profitable growth across the group’s activities with revenues up 22% and EBITDA up 17%


Dynamic Positioning Key to Gulf Offshore Risk Management

Andrew Brown, Group Business Development Manager for Smit Lamnalco

Middle East Workboats conference session addresses need for skilled Dynamic Positioning operators and billion dollar consequences of noncompliance  The operational challenges and costs faced by the offshore maritime industry in recruiting and retaining qualified operators to safeguard


Baltic Wind Success Paves Way for Ecosse Subsea Systems

Preparing the SCAR subsea plough for deployment.

Ecosse Subsea Systems (ESS) has completed a £4.7 million boulder clearing and pre-lay trenching project which it claims has been one of the most successful ever conducted for the wind energy sector. As subcontractor to Siem Offshore Contractors (SOC)


Offshore Service Vessels

Singapore’s Jaya delivers new deepwater PSV.

Flexible fuels, Bold designs ... “It’s not your father’s OSV”   Eastern Shipbuilding Group has arguably been one of the more progressive and aggressive U.S. builders of high-spec Offshore Service Vessels in recent years


Topaz Appoints New Chief Financial Officer

Mrs. Pernille Fabricius, Chief Financial Officer, Topaz Energy and Marine

Topaz Energy and Marine, a global offshore support vessel owner with key operations in the Middle East and Caspiantoday announced the appointment of PernilleFabricius as Chief Financial Officer. Mrs. Fabricius’career spans 25 years and she joins Topaz from her position as CFO of DAMCO


Topaz Marine Appoints New Managing Director

Geoff Taylor

Topaz Marine Engineering, a regional marine repair service provider and boat builder, announced the appointment of Geoff Taylor as its new Managing Director. Geoff joins the company following a period as an independent marine consultant. Prior to this he enjoyed a career spanning twenty seven


Nico Middle East Revenues up for 2013

Topaz Energy and Marine, an offshore support vessel company, has announced the results of its subsidiary Nico Middle East Ltd. (NMEL) for the nine months ended September 30, 2013. The period has seen continued strong growth across the group’s activities with revenues up 27%


Topaz wins $100-million BP Contracts

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Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced the win of two contracts with BP in Azerbaijan’s largest oil and gas fields worth approximately $100 million (USD)


Windfarm Service Ship Burns, Sinks; Three Crewman Saved

Three crewmen have been rescued off Lowestoft this afternoon after their vessel caught fire in the North Sea, the Humber Coastguard reported. Humber Coastguard coordinated the rescue operation after the crew abandoned the ECC Topaz 10 nautical miles east of the town


Three Crewmen Rescued from Vessel Blaze

ECC Topaz (Photo courtesy East Coast Charters, Ltd.)

Three crewmen have been rescued off Lowestoft this afternoon after their vessel caught fire in the North Sea. Humber Coastguard coordinated the rescue operation after the crew abandoned the ECC Topaz 10 nautical miles east of the town.


Palfinger Delivers Two Offshore Cranes

Archer, the global oilfield service provider, has secured a contract with Statoil for the permanent plugging and abandonment of 12 gas wells on the Heimdal field in the Norwegian North Sea. Archer has selected the German rig manufacturer MAX STREICHER GmbH & Co. KG aA for its VDD 400


Topaz Buys Two Anchor Handling Vessels

Caspian Challenger

Topaz Energy and Marine has announced the acquisition of two large and modern Anchor Handling Towage and Supply Vessels (AHTSV) at a purchase price in excess of $100 million (USD). The vessels, the Caspian Challenger and the Caspian Endeavour


 
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