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TOPAZ MARINE

Topaz Signs Contract with Kuwait Oil Company

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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, build and deliver 10 Fast Steel Crew /Pilot Boats of 22m LOA (“Crew/Pilot Boats”), market estimates believe the contract value to be in the region of US$50 million. With a focus on high technology and latest design, the Crew/Pilot boat will be designed to accommodate 30 crew, with passengers all seated on the main deck and will be provided with first quality equipment. The new crew/pilot boats will be providing 24 hours crew transfer service to the vessels anchored in Kuwait waters and will be equipped with oil spill recovery capabilities and latest advanced navigation and communication systems.   The boat will be built at Topaz’s Nico Craft Shipyard in Abu Dhabi where the construction will start in the beginning of 2013 with the 10 units scheduled for delivery in Kuwait within 2014. Thomas Bower, Managing Director of Topaz Marine Engineering, commented: “This contract is another achievement for Topaz Group and confirms our leadership as fast crew/supply boats supply in MENA region. He further says: “International recognition, experience


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 Confirms Delivery Wind-farm Vessels

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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.  David Borcoski, Group MD and CEO of ASP Ship Management Group said: “Topaz Engineering has done an excellent job in completing the construction of our wind farm support vessels and delivering them


CrewInspector Pursues Business in Ukraine

CrewInspector, an online crew management software provider, recently signed up with number of crew recruitment and crew management agencies based in Ukraine to provide its crewing software for businesses in Ukrainian market. “We see that companies are looking for straight forward software solutions not requiring long set-up and integration. CrewInspector offers high quality solution at very attractive price and that’s the main reason why we are so popular among start-up and


Topaz, Two New Vessels

Dubai-based Topaz Energy and Marine's Azerbaijan subsidiary, BUE Caspian, has added two new vessels to its offshore vessel fleet at a cost of more than $60m. The two new craft are a platform supply vessel and an emergency response and rescue vessel. Topaz, with a fleet of over 70 vessels, plans to invest $100m in the next two years in new craft as its oil and gas business expands. source: AME Info.


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 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, are sister vessels built by Kleven Maritime in Norway in 2008 and 2009, respectively. The vessels are equipped with dynamic positioning DP2, automated safe anchor handing capabilities and are currently the most powerful vessels operating in the


Nico Intl. Acquires TEAM

Dubai-based Nico International, the ship repair division of Topaz Energy and Marine SOAG (TEAM), has acquired the Industrial and Marine Engineering Divisions of Fujairah Marine Services & Trading Co LLC (FMS). The acquisition is the first step in a strategic alliance which will link the two companies and which will seek Nico’s current Port of Fujairah capabilities quadruple in size. To date, Nico International has been operating out of Dubai with a diving base in the Port of Fujairah.


EU NAVFOR, Seychelles Coastguard Cooperation

In the evening of December 6, approximately 250 nautical miles North West of Victoria Seychelles a pirate attack group was neutralized by EU NAVFOR and the Seychellois Coast Guard. On December 5th an EU NAVFOR Maritime Patrol Aircraft, stationed at the Seychelles, located a suspected pirate attack group with one mother skiff and two attack skiffs. EU NAVFOR French warship FS Floreal was tasked to close the group and the Seychellois Coast Guard also responded to the request by sending their


Incat Crowther Designs Catamaran Crew Boat

Photos courtesy Incat Crowther

Incat Crowther announced that the firm has been contracted to design an innovative 91.8 ft Wave Piercing Catamaran Crew Boat to support offshore oil and gas operations. Developed in conjunction with Topaz Shipbuilding for a large petroleum firm, the vessel features a new layout. As the original inventors of the Wave Piercing Catamaran, Incat Crowther proposed the platform in response to a challenging combination of operational requirements.


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 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


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%


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


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 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).


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


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.


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


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)


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 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


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


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


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


 
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