Topaz expands fleet with ‘Mamlaka’. Now owns 100 offshore vessels
Topaz Energy and Marine, an offshore support vessel company, has expanded its fleet with the acquisition of a 5220 BHP, 1300 DWT and 60 tonnes bollard pull anchor handling tug supply vessel (AHTS) ‘Mamlaka’.
The latest addition brings Topaz’s number of vessels to 100, including three newbuilds currently under construction.
Mamlaka, meaning ‘Kingdom’ in Arabic, is a 61.8 metres DP2 vessel constructed by Malaysia’s Berjaya Dockyard. The vessel was bought as part of a contract with an oil major in “its key Gulf market and is currently in Dubai being prepared for deployment.”
AHTS vessels typically perform services including anchor handling, towing offshore platforms, barges, production modules and vessels and supply services and account for around one third of Topaz’s fleet. The addition of Mamlaka demonstrates how Topaz is optimising its fleet, focussing on core vessels which are more versatile and can address a wide range of its clients’ needs.
René Kofod-Olsen, CEO, Topaz Energy and Marine, said: “The addition of the Topaz Mamlaka marks a milestone for our company as it brings the number of vessels in our fleet to 100. Over the last 12 months we have strategically expanded our fleet to take advantage of market conditions, focussing on acquisitions which are in line with our strategy of operating a modern and high-spec fleet, the benefits of which will strengthen us as our clients place increasing emphasis on safety, operational uptime and efficiency. The quality and youth of our fleet positions Topaz favourably against the higher average age of the worldwide OSV fleet.”