Search results for: topaz

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  • 14 April 2014
    Business & Finance

    Topaz Energy and Marine has won a new contract 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 […]

  • 28 May 2012

    UAE-based Topaz Energy and Marine Ltd. (Topaz), a leading oilfield services multinational and a subsidiary of Renaissance Services, has signed phase one of a US$ 330 million loan agreement with a syndicate of banks towards the refinancing of some of its existing loans. The deal paves the way for extra liquidity and new investments in […]

  • 27 June 2011
    Storage

    Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a significant […]

  • 3 March 2016
    Business & Finance

    Topaz Energy and Marine, an offshore support vessel company, has secured 14 offshore support vessel contracts with BP in Azerbaijan.  Under the terms of the agreement, Topaz will supply 14 offshore support vessels for a five year period plus two one-year options at current market terms, primarily in support of BP’s ACG and Shah Deniz II […]

  • 2 August 2019
    Business & Finance, Operations & Maintenance

    Dubai-based Topaz Energy and Marine has joined the World Ocean Council (WOC) – the Global Blue Economy Business Organization. Ian Trebinski, head of QHSSE at Topaz Energy and Marine, stated: “Our partnership with the WOC signals Topaz’s clear commitment to further enhancing our contributions to the sustainable use and development of the maritime sphere in […]

  • 27 June 2011
    Business & Finance

      Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a […]

  • 13 August 2012
    Business & Finance

    Renaissance subsidiary, Topaz Energy and Marine, 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 […]

  • 5 July 2010

    Topaz Marine recently confirmed the acquisition of the Multipurpose Support Vessel (MPSV) Ocean Commander in Singapore. The vessel has been renamed Topaz Commander and joins Topaz Marines’ fleet of around 100 vessels, reinforcing Topaz’s position as one of the top ten largest offshore vessel operations in the world. Built in 1999 in Myklebust Norway as […]

  • 27 June 2011
    Project & Tenders

    Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a significant […]

  • 27 June 2011
    Storage

    Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a significant […]

  • 26 June 2011

    Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a significant […]

  • 21 March 2019
    Business & Finance

    Topaz Energy and Marine has signed contract extensions for 12 of its vessels currently supporting the offshore operations of BP Exploration (Caspian Sea) Limited in Azerbaijan.

  • 8 November 2018
    Business & Finance

    Ahead of expected increase in activity, Reach Subsea has entered into an agreement with Topaz Energy and Marine for the use of the newbuild subsea vessel Topaz Tiamat. 

  • 14 April 2014
    Business & Finance

    Topaz Energy and Marine, an offshore support vessel company with primary operations in the Middle East and Caspian, has 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 […]

  • 2 November 2011
    Business & Finance

    UAE-based Topaz Energy and Marine, a leading oilfield services multinational and subsidiary of Renaissance Services, has announced a US$ 380 million financing initiative, led by Standard Chartered Bank​ and DVB Bank. The initiative will involve both regional and international lenders in a refinancing deal that features Topaz’s offshore support vessel (OSV) division, Topaz Marine, which […]

  • 20 October 2011
    Business & Finance

    Leading oilfield services company Topaz Energy and Marine won two awards out of four nominations at the annual Seatrade Middle East & Indian Subcontinent Awards 2011 held in Dubai recently. Stephen R Thomas, CEO of Topaz Energy and Marine, commented on the awards saying, “The Seatrade Awards are a benchmark for excellence in our industry. […]

  • 20 October 2011
    Business & Finance

    Leading oilfield services company Topaz Energy and Marine won two awards out of four nominations at the annual Seatrade Middle East & Indian Subcontinent Awards 2011 held in Dubai recently. Stephen R Thomas, CEO of Topaz Energy and Marine, commented on the awards saying, “The Seatrade Awards are a benchmark for excellence in our industry. […]

  • 13 February 2015
    Business & Finance

    Topaz Energy and Marine, an offshore support vessel owner with key operations in the Middle East, Caspian and West Africa has announced the appointment of Jay Daga as Chief Financial Officer, with immediate effect. Daga has been with Topaz for 15 years, holding a number of finance positions of increasing responsibility, most recently as Deputy CFO. […]

  • 5 August 2013
    Business & Finance

    Topaz Energy and Marine, a leading offshore support vessel owner with primary operations in the Middle East and Caspian, today announced that it has secured new multi-year charters in the Russian Vladimir Filanovsky project for nine of its offshore support vessels amounting to circa USD 20 million. The vessels have been deployed to offshore contractor […]

  • 25 June 2012

    Renaissance subsidiary, Topaz Marine Engineering (Topaz), a UAE-based full service shipbuilding, ship repair and engineering services company, confirms that it has been commissioned by the Government of Sharjah’s Royal Court (Al Diwan Al Amiri) to build and deliver one Catamaran passenger ferry boat. With a focus on passenger luxury and efficiency, the Catamaran will be […]

  • 25 June 2012
    Business & Finance

    Renaissance subsidiary, Topaz Marine Engineering, a UAE-based full service ship building, ship repair and engineering services company, confirms it has been commissioned by the Government of Sharjah’s Royal Court (Al Diwan Al Amiri) to build and deliver one Catamaran passenger ferry boat. With a focus on passenger luxury and efficiency, the Catamaran will be designed […]

  • 13 August 2012
    Business & Finance

    Renaissance Subsidiary, Topaz signs over $65 million of new charters and announces the acquisition of two AHTS.