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 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).
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, 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 Energy and Marine, a leading offshore support vessel company, has bolstered its Emergency Response and Recovery Vessel (ERRV) fleet with the addition of a new vessel, Topaz Responder. The newly-built, state-of-the-art Topaz Responder will primarily provide safety support to offshore installations but is versatile enough to also provide general offshore support services. Constructed to the highest standards
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 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
Offshore support vessel company Topaz Energy and Marine has selected ABS as its fleet management software provider. Topaz will install the ABS Nautical Systems Fleet Management Software suite on 58 of its core vessels to more efficiently plan for maintenance work, minimize downtime and reduce costs associated with drydocking. René Kofod-Olsen, Chief Executive Officer of Topaz Energy and Marine, said
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
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured new contracts for the design and construction of two Offshore Subsea Construction Vessels (“OSCV”) for a new customer, Dubai-based Topaz Energy and Marine (“Topaz”). Specially developed for crane operations and light subsea construction with intervention duties, the vessels will be of VARD 3 08 design
Topaz Energy and Marine has emerged as an unlikely player in the effort to save refugee migrants risking their lives on the sea crossing from Turkey to Greece’s islands in order to reach Europe. While Topaz’s new emergency response and rescue vessel, the Topaz Responder
UK-based Royston Diesel Power has secured funding support from Innovate UK, the UK’s innovation agency, for its flagship $2.2 million Managing Energy on Marine Vessels technology program. The program aims to develop a new system for whole-vessel energy monitoring and usage
Dubai's Topaz Energy and Marine, a unit of Muscat-listed Renaissance Services, has bought two ships from Norwegian boat yard Vard Brattvaag for about $115 million, the Omani parent firm said on Sunday. The two vessels will be delivered in the second half of 2017
Incat Crowther has announced the delivery of Benreoch, a 30m Wave Piercing Catamaran Utility Craft built by Veecraft Marine in Cape Town, South Africa. The vessel was developed specifically for crew transfer to offshore platforms in Nigeria.
Electrical system integrator Alewijnse Marine Systems is celebrating the first anniversary of delivering electrical services and maintenance to vessels at Damen Shiprepair Dunkerque. Twelve months after it began work there, the results are well above expectations with 19 contracts fulfilled for 10
Topaz Energy and Marine, an offshore support vessel company, announced a new $550 million facility. The facility is arranged over three tranches. The first is a conventional and Islamic senior secured, term loan of $350 million over seven years which will be used principally to repay
Topaz Marine KSA, a subsidiary of Topaz Energy and Marine, and the King Abdul Aziz University in Jeddah have joined forces to offer training to cadets from the university which allows them to operate as officers onboard sea going vessels.
Jay Daga has been named Chief Financial Officer of Topaz Energy and Marine, an international offshore support vessel owner with operations in the Middle East, Caspian and West Africa. Daga will take his position with immediate effect
Topaz Energy and Marine (“Topaz”), a leading offshore support vessel company with primary operations in the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of Mexico, today announced a US$75 million new equity investment in the business from
Topaz Energy and Marine, an offshore support vessel company with primary operations in the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of Mexico, has announced a $75 million new equity investment in the business from Standard Chartered Private Equity
“The Middle East is a world-class centre of excellence for ship repair with a number of well respected shipyards already offering a diverse range of services. We are seeing new joint ventures between the region and Asia in the dry dock sector
A major exercise in implementing the national contingency plan for anti-pollution, search and rescue, and fire fighting has been held in the waters off Mahé, according to joint news from EUCAP Nestor & EUNAVFOR Atalanta. The scenario began with a mock distress call to the Coast Guard
Topaz Energy and Marine, an offshore support vessel (OSV) company, and marine and fire safety equipment company VIKING Life-Saving Equipment has jointly announced the signing of a multimillion dollar, 10-year life-raft servicing agreement. Under the terms of the contract
Topaz Energy and Marine, a leading offshore support vessel company today announced that its Chief Financial Officer, Pernille Fabricius, is leaving the company. Ms. Fabricius leaves with the Chief Executive and Board of Directors’ best wishes and appreciation of her time with the
Q1 2014 revenue up 7% over Q1 2013 to US$ 89.4 million as a result of the expansion of the core vessel fleet and high vessel utilization. Topaz Energy and Marine has announced the results of its subsidiary Nico Middle East Ltd. (“NMEL”) for the three months ended 31 March 2014