April 11, 2017

Topaz Energy and Marine Announces Senior Executive Appointments

Dubai, UAE, 13th April 2017: Topaz Energy and Marine, a leading offshore support vessel company, announced today the appointments of Mr. Martin Helweg as Chief Operating Officer (COO) and Mr. Hicham Hachkal as Human Resources Director as well as the appointment of Mr. Robert Desai as Chief Commercial Officer.

Mr. Helweg takes over the role of COO from Mr. Geoffrey Taylor who is retiring after four years of service with Topaz. Mr. Helweg joins Topaz from Svitzer, with almost 20 years of experience in finance and leadership roles in the shipping and oil and gas industries, spanning across the Americas, Middle East and Asia.

Mr. Hachkal has been appointed as HR Director and replaces Ms. Ealbra Moradkhan who is leaving the company to pursue new challenges after ten years at Topaz, where she has been an instrumental part of the company’s executive leadership. Mr. Hachkal brings 20 years of experience mainly in oil & gas companies related to HR strategy, talent development, personnel management, and supporting organizations through economic cycles. In his most recent position, he handled Group HR for Seadrill.

René Kofod-Olsen, Chief Executive Officer, Topaz Energy and Marine said, “I am pleased to welcome this new talent to our executive leadership team. These appointments reflect our commitment to two core aspects of our business: operational efficiency and our people. With their help I look forward to continuing to build on our healthy business profile, strengthen relationships with key customers, partners and business groups while maintaining our position as a market leader in OSV.

I would like to extend my sincere appreciation to Geoff and Ealbra, who were both key pillars in making Topaz what it is today. We wish them fair winds in their new endeavours.”


Topaz fortifies its leadership team on the back of important contract wins in 2016 with BP Azerbaijan and TCO in Kazakhstan adding significantly to its industry leading US$1.5bn backlog, further improving Topaz’s earnings visibility and credit strength.

 

About Topaz Energy and Marine

Topaz Energy and Marine is a leading offshore support vessel company providing marine solutions to the global energy industry with primary focus on the Caspian, Middle East, West Africa and Subsea operations in the North Sea and the Gulf of Mexico. Headquartered in Dubai with 40 years of experience in the Middle East, Topaz operates a fleet of 100 offshore support vessels of an average age of 8 years. Topaz is a subsidiary of Renaissance Services SAOG, a publicly traded company on the Muscat Securities Market, Oman.

www.topazworld.com 

For further information please contact:

Media Contacts:

FTI Consulting
Email: topaz@fticonsulting.com

Dubai: John Hobday
Tel: +971 4 437 2107

London: Ben Brewerton / George Parker
Tel: +44 (0)203 727 1000