Topaz Signs Contract with Kuwait Oil Company

Press Release
Wednesday, December 12, 2012

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, quality of work and commitment for on-time delivery at Topaz are some of the strengths that helped us win this contract after a competitive worldwide tender process.”


From its main shipyard at Mussafah Industrial Area in Abu Dhabi, Topaz has built a strong reputation for on-time delivery of high-quality offshore vessels. The company has developed into one of the leading shipbuilders in the GCC region with a portfolio of both steel and aluminium vessels and is fully dedicated in providing international standards in the shipbuilding construction which brought the attention of global clients.


Topaz Marine Engineering has had an excellent year. It has delivered two Catamaran Wind Farm boats to UK, has completed two 67m Anchor Handling Supply (AHTS) 80 Tons BP vessels for deployment in the Caspian Sea and West Africa. Furthermore, Topaz was awarded a contract from GAC Group to provide completion services for two crew/cargo vessels which will be delivered within the next weeks and a new 40 passengers ferry is currently under construction.
 

Topaz Marine Engineering provides ship building, marine repair and underwater support services to the offshore supply vessel and engineering markets in the Middle East, North Africa, and Caspian Sea.  The Company has over 35 years of experience and is part of the Topaz Group - a wholly-owned subsidiary of Renaissance Services, an Omani public company listed on the Muscat Securities Market.

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Fincantieri Sign MoUs with Carnival & CSSC

Fincantieri, the world leader in the construction of cruise ships, has signed two memorandums of understanding, respectively with Carnival Corporation, the world’s largest cruise line,

MHI Receives "Best IR Award"

Mitsubishi Heavy Industries, Ltd. (MHI) has received one of this year's "Best IR Awards" presented annually by the Japan Investor Relations Association (JIRA).

Steven Palazzo Visits HII, Newport

Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi,

Finance

BHP Billiton Focus on Operation & Productivity

* BHP Billiton is now targeting US$4 billion of annualised productivity gains in its core portfolio by the end of the 2017 financial year, a US$500 million increase on previous guidance.

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

MHI Receives "Best IR Award"

Mitsubishi Heavy Industries, Ltd. (MHI) has received one of this year's "Best IR Awards" presented annually by the Japan Investor Relations Association (JIRA).

Energy

Rawicz-12 Well Spuds

San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces the spud of the Rawicz-12 appraisal well yesterday

BHP Billiton Focus on Operation & Productivity

* BHP Billiton is now targeting US$4 billion of annualised productivity gains in its core portfolio by the end of the 2017 financial year, a US$500 million increase on previous guidance.

Odd Arne Slettebø new CFO of “Noreco”

Norwegian Energy Company ASA has appointed Odd Arne Slettebø as Chief Financial Officer (CFO). Odd Arne Slettebø replaces Tommy Sundt who has been appointed new CEO of the Company.

News

USCG Medevacs 80 Yr-Old Near Lake Michigan

A Coast Guard aircrew medically evacuated an 80-year-old man off Beaver Island in Lake Michigan Sunday night. The man’s name is not being released. At 5:40 p.

Terex Scoops 2 IBJ Awards

Terex® Quaymate M50 mobile harbour crane is Crane of the Year – Dr. Mathias Dobner honored Rotterdam/Düsseldorf, 24 November 2014 – Terex Port Solutions (TPS)

CBP P-3 Disrupts Attempt to Smuggle cocaine

A U.S. Customs and Border Protection, Office of Air and Marine P-3 aircrew operating out of National Air Security Operations Center (NASOC)-Jacksonville, Florida,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2924 sec (3 req/sec)