News

  • 26 September 2016
  • Topaz secures substantial contracts
  • Dubai, UAE, 26 September 2016: Topaz Energy and Marine, a leading offshore support vessel company, has secured substantial contracts in connection with the development of the Tengiz oilfield in Kazakhstan during 2016. The two contract wins announced in the second and third quarter together represent revenue of more than US$500 million. The two contracts bring Topaz’s backlog to approximately US$1.6 billion. MORE NEWS
  • 26 September 2016
  • Topaz secures management contract for 3 vessels
  • Dubai, UAE, 26 September 2016: Topaz Energy and Marine, a leading offshore support vessel company, has been appointed the technical managers of three vessels by a consortium comprising Blue Water Shipping A/S and Kazmortransflot (KMTF), in connection with the TCO developed Tengiz oil field in Kazakhstan. MORE NEWS
  • 01 September 2016
  • Topaz and ABB renew longstanding vessel contract for wind farm support
  • Dubai, UAE, 01 September 2016: Topaz Energy and Marine, a leading offshore support vessel company, today announced the renewal of its long standing contract with ABB for the Topaz Installer, Topaz’s specialized cable laying vessel. Under the terms of the contract, the Topaz Installer will provide ABB with cable-laying services in support of wind farms in the North Sea for a period of one year plus options of at least 12 months. The contract was first signed in 2010. MORE NEWS
  • 12 May 2016
  • Topaz secures contract for 15 vessels for oil field in Kazakhstan
  • Dubai, UAE, 12 May 2016: Topaz Energy and Marine, a leading offshore support vessel company, has in a consortium led by Blue Water Shipping A/S, secured a contract to supply and operate 15 vessels for the Tengizchevroil (TCO) joint venture in Kazakhstan for a contract value in excess of US$350 million. MORE NEWS
  • 10 May 2016
  • Topaz awarded Seatrade "Deal of the Year"
  • Dubai, UAE, 10 May 2016: Topaz Energy and Marine (“Topaz”), a leading offshore support vessel company, has received the “Deal of the Year” Award at the 2015 Seatrade Global Awards in London, for its contract win with BP Exploration (“Caspian Sea”) Limited (“BP”). MORE NEWS
  • 07 February 2016
  • Topaz Responder in rescue effort for refugee migrants
  • 7 February 2016, Dubai, UAE: 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, was primarily designed to provide safety support for offshore oil and gas producers, it is presently operating as a search and rescue vessel in the Aegean Sea. Contracted by not-for-profit organization Migrant Offshore Aid Station (MOAS), the Responder is playing a crucial role scouring the often treacherous waters of the relatively short (10 – 14 nautical miles) crossing, acting as MOAS’ ‘mothership’ in its Aegean Sea Mission.
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  • 03 February 2016
  • Topaz fleet reaches 100 vessels with the addition of new anchor handler "Mamlaka"
  • 03 February 2016, Dubai, UAE: Topaz Energy and Marine (“Topaz”), a leading international 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’, bringing its total number of vessels to 100, including three newbuilds currently under construction. MORE NEWS
  • 20 December 2015
  • Topaz scoops two awards at Lloyd’s List Middle East and Indian Subcontinent Awards
  • 20 December 2015, Dubai, UAE: Topaz Energy and Marine (“Topaz”), a leading international offshore support vessel company, has scooped two awards at this year’s Lloyd’s List Middle East and Indian Subcontinent awards evening in the categories of ‘Offshore and Energy’ and ‘Maritime Services’. Topaz was also Highly Commended for the Safety Award. MORE NEWS
  • 27 September 2015
  • Topaz reinvests in Subsea fleet with Vard
  • 27 September, 2015, Dubai, UAE: Topaz Energy and Marine (“Topaz”), a leading international offshore support vessel company, today announces the acquisition of two modern Subsea vessels from Vard Brattvaag in Norway at a purchase price of approximately US$115 million. MORE NEWS
  • 22 February 2015
  • Topaz Marine and King Abdul Aziz University boost Saudi’s maritime potential
  • 22 February, 2015, Al Khobar, Saudi Arabia: Topaz Marine KSA Co. Ltd., a full subsidiary of leading international offshore support vessel owner Topaz Energy and Marine, and the Faculty of Maritime Studies of the King Abdul Aziz University in Jeddah have joined forces in order to boost the Kingdom’s future potential in the maritime offshore industry. MORE NEWS
  • 12 February 2015
  • Topaz announces organisational changes
  • February 12th, 2015, Dubai, UAE:  Topaz announces the appointment of Jay Daga as Chief Financial Officer with immediate effect and confirms the appointment of Geoff Taylor as interim Chief Operating Officer. MORE NEWS
  • 09 November 2014
  • Topaz wins ‘Offshore Marine Development – Africa’ at the Seatrade Maritime Awards
  • 9 November, 2014, Dubai, UAE: 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, is delighted to announce that it has been selected as the winner for ‘Offshore Marine Development – Africa’ at the 2014 Seatrade Maritime Awards. MORE NEWS
  • 20 August 2014
  • Topaz Energy and Marine secures US$75 million investment from Standard Chartered Private Equity
  • 20 August 2014, Dubai, UAE: 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$75 million new equity investment in the business from Standard Chartered Private Equity (“SCPE”), one of the world’s leading emerging market private equity investors. MORE NEWS
  • 02 June 2014
  • Topaz and VIKING sign global life-raft servicing agreement
  • 02 June 2014, Dubai and Esbjerg, Denmark: Topaz Energy and Marine, a leading offshore support vessel company, and marine and fire safety equipment leader VIKING Life-Saving Equipment today jointly announced the signing of a USD multi-million, 10-year life-raft servicing agreement. Under the terms of the contract, VIKING will upgrade all of Topaz’s current life-rafts and manage the ongoing servicing and certification of Topaz’s life-raft fleet. MORE NEWS
  • 29 May 2014
  • Topaz announces departure of CFO
  • 29 May 2014, Dubai, UAE: Topaz Energy and Marine, a leading offshore support vessel company today announced that its Chief Financial Officer, Pernille Fabricius, is leaving the company. Ms. Fabricius leaves with the Chief Executive and Board of Directors’ best wishes and appreciation of her time with the Group. MORE NEWS
  • 14 April 2014
  • Topaz secures another West Africa contract
  • 14 April 2014, Dubai, UAE: Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced a new contract win for its fast growing West Africa operation. MORE NEWS
  • 17 March 2014
  • Topaz Financial Results for the Year Ended 31 December 2013
  • Dubai, UAE, 19 November 2013: Topaz Energy and Marine, a leading offshore support vessel company, today announces the results of its subsidiary Nico Middle East Ltd. (“NMEL”) for the nine months ended 30 September 2013 (in the following referred to as “the period”). MORE NEWS
  • 10 February 2014
  • Topaz expands West Africa presence with US$ 50m contract win
  • 10 Feb, 2014, Dubai, UAE: Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announces the expansion of its West African operations with the award of two PSV contracts worth US$ 50 million. MORE NEWS
  • 22 January 2014
  • Topaz acquires two modern anchor handling vessels
  • 22 Jan, 2014, Dubai, UAE: Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announces the acquisition of two large and modern Anchor Handling Towage and Supply Vessels (AHTSV) at a purchase price of in excess of US$ 100 million. MORE NEWS
  • 24 November 2013
  • Topaz wins Seatrade’s ‘Workboats’award 
  • Topaz Energy and Marine, a leading offshore support vessel owner with primary operations in the Middle East and Caspian, is pleased to announce that it has won the ‘Workboats’ award at the recent Seatrade Middle East and Indian Subcontinent Awards held at Atlantis, The Palm in Dubai. MORE NEWS
  • 27 October 2013
  • Topaz Marine S.A. Successful pricing of US$350m Senior Notes
  • Topaz Marine S.A., a wholly owned indirect subsidiary of Topaz Energy and Marine Limited and an indirect subsidiary of Renaissance Services SAOG, is pleased to announce that it has successfully priced an offering of US$350 million Senior Notes due 2018 at a fixed coupon of 8.625% per annum and at an issue price of 100%. The Offering is expected to close on November 4th, 2013, subject to customary closing conditions. MORE NEWS
  • 05 August 2013
  • Topaz expands Caspian presence
  • 05 Aug 2013, Dubai, UAE: 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 Filanovsky project for nine of its offshore support vessels amounting to circa USD 20 million. MORE NEWS
  • 24 October 2012
  • Topaz Energy and Marine wins prestigious award
  • Dubai, UAE; 24 October 2012: Renaissance subsidiary, Topaz Energy and Marine, a UAE-based oil field services company, was awarded the ‘Ship Operator Award’ at Lloyd's List Awards, Middle East and Indian Subcontinent 2012, held in Dubai recently. MORE NEWS
  • 12 August 2012
  • Topaz signs over $65 million of new charters and announces the acquisition of two AHTS
  • Dubai, UAE; 8 August, 2012: 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). MORE NEWS
  • 19 October 2011
  • Topaz wins at Seatrade Awards 2011
  • Dubai, 19 October 2011 - 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. MORE NEWS
  • 17 October 2011
  • Topaz COO awarded Friendship Order in Azerbaijan
  • Dubai, 17 October 2011 - Mr. Roy William Vickers Donaldson, Chief Operating Officer of Topaz Energy and Marine’s Topaz Marine division, has been awarded the FRIENDSHIP ORDER of Azerbaijan by Decree of the President for merits in development of the country’s oil industry. MORE NEWS
  • 26 September 2011
  • Topaz adds new OSV vessel in support of BP contract
  • Dubai, 26 September 2011 - Topaz Marine, a division of Topaz Energy and Marine recently acquired the Caspian Provider, an advanced Platform Supply Vessel (PSV), to join the company’s fleet on a four-year contract in Azerbaijan with a value in excess of US$40m. MORE NEWS
  • 10 July 2011
  • Topaz wins CSR initiative award
  • Dubai, 10 July 2011: Topaz Energy and Marine (‘Topaz’), a leading oilfield services group has won an award for the ‘Best Corporate Social Responsibility Initiative in the Private Sector’ from IIR Middle East. MORE NEWS
  • 26 April 2011
  • Topaz commences planned expansion to West Africa
  • Dubai, UAE; 26th April 2011 – Topaz Energy and Marine (‘Topaz’), a leading oilfield services group, has secured a two vessel contract offshore Nigeria for the duration of 2011. The award constitutes a new market entry for Topaz in the strategically important and buoyant West African offshore sector. MORE NEWS
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Topaz Installer

The Topaz Installer performs windfarm support services in the North Sea