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 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
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 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 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 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 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 Energy and Marine, through its subsidiary Nico International Hydrospace, part of the newly established Topaz Engineering division, has completed the Vopak Horizon Fujairah Limited Phase 5 – Marine Extension Project. Topaz executed in subcontract to BAM International (formerly known as Interbeton). The project was completed safely without any lost time injury and within the agreed project schedule. The subcontract was awarded in November 2008 and Topaz’s scope for the
Topaz Energy and Marine announced its audited financial results for 2009. Topaz posted revenue of $448 million, EBITDA of $ 127 million and Net Profit of $ 65 million demonstrating year on year growth of 7%, 14% and 38% respectively. The growth in these difficult times clearly demonstrates a resilience that sets Topaz apart from many of its peers. Topaz Energy and Marine is an oil & gas focused marine services and engineering company with a regional footprint across the Middle East and
Abu Dhabi-based Adyard has delivered two AHTS vessels equipped with MAN L27/38 propulsion packages. The two Topaz Energy & Marine 67-metre (80-ton bollard pull) vessels are ready for anchor handling tug supply services and the transportation of dry and liquid cargo to and from pipe-laying barges, drilling platforms and production platforms for offshore operations. The Topaz Dignity will operate on behalf of BP, the oil and gas major
COSCO (Guangdong) and COSCO (Dalian) Shipyards have each recently delivered bulk carriers to European owners. COSCO (Guangdong) Shipyard Co., Ltd has delivered a bulk carrier of 35000 dwt, “CHIOS LUCK”, to its European buyer. The bulk carrier measures 179
EUCAP Nestor, EU Naval Force and the Seychelles Coast Guard carried out a joint counter-piracy exercise in the Seychelles on April 26. The exercise involved a mock interception of a suspected pirate skiff in Seychelles waters by the combined efforts of EU NAVFOR and the Seychelles Coast Guard
Ecosse Subsea Systems (ESS) reported a successful start to a 10-week boulder clearing and trenching campaign on the Baltic 2 offshore wind farm project. Mobilized onboard the Siem Topaz anchor handling vessel, Ecosse Subsea’s SCAR subsea plough system is engaged on route clearing and
MAN Diesel & Turbo’s medium-speed propulsion packages have gained another foothold in Middle Eastern offshore operations. After successfully completed seatrials, Abu Dhabi-based Adyard has earlier delivered the ‘Topaz Dignity’ – which is now followed by the
Renaissance subsidiary, Topaz Marine Engineering (“Topaz”), a UAE-based full service ship building, ship repair and engineering services company, confirms it has been commissioned by the Kuwait Oil Company (“KOC”) to design
Aberdeen-based subsea installation contractor Bibby Offshore has announced investment of around £11million in Remotely Operated Vehicle (ROV) systems for its latest division, Bibby Remote Intervention Limited (BRIL). Initial investment of close to £4million has been made in ROV
Scorpio Tankers Inc. announce sale of the 'STI Diamond', accept delivery of newbuild 'STI Topaz'. The Company completed the sale of the 'STI Diamond' and sale of a second vessel, the STI Coral, is expected to be completed in September 2012.
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 $65 million
Renaissance subsidiary, Topaz Marine Engineering, win contract to build a catamaran ferry for the Sharjah Government The UAE-based full service ship building, ship repair and engineering services company, Topaz Marine Engineering confirms it has been commissioned by the Government of Sharjah
Renaissance Services has announced the appointment of René Kofod-Olsen as CEO for Topaz Energy & Marine (Topaz). Mr. Kofod-Olsen’s career spans 18 years in the marine industry with the A.P. Møller-Maersk Group (APMM)
Phase One of US$ 330 million loan agreement signed. UAE-based Topaz Energy and Marine Ltd. (Topaz), a leading oilfield services multinational and a subsidiary of Renaissance Services, announced that it has signed phase one of a US$ 330 million loan agreement with a syndicate of
Incat Crowther has announced the launch of ASP Tyne and ASP Thames, two 18m Catamaran Wind Farm Service Craft. ASP Tyne and ASP Thames were constructed by Topaz Marine at their Abu Dhabi yard in the UAE, and will be delivered to ASP Holdings in the UK.
Renaissance Services subsidiary, Topaz Engineering, a UAE-based full service ship building, ship repair and engineering services company announced it has completed the delivery of two wind farm support vessels (WFSV) to ASP Work Boats Ltd, part of the global ASP Ship Management Group.
Oman's Renaissance Services' shipyard Topaz Energy & Marine has delivered & will operate two OSV's on BP hire contract The two sister vessels — Topaz Dignity and Topaz Triumph — will be operated by Topaz Marine on behalf of BP, the oil and gas major
Topaz to complete structural work and outfitting of two crew/cargo vessels. UAE, Abu Dhabi, 6 February, 2012: Renaissance Services (Muscat Stock Exchange: RNSS) subsidiary Topaz Energy and Marine, a leading provider of offshore support vessels and engineering services