• 2017 August 8 16:23

    Topaz Energy and Marine awarded $100 million Dragon Oil contract

    Topaz Energy and Marine (“Topaz”), a leading offshore support vessel (“OSV”) company, today announced a new $100 million contract with Dragon Oil, the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC) whose principal asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan, the company said in its press release.

    Under the terms of the contract, Topaz will supply Dragon Oil Turkmenistan with six vessels, comprising five anchor-handlers and one Emergency Recovery and Response Vessel. The contract has already commenced with vessel mobilization and operation ramp-up under way. The contract is scheduled for a five year term with a two year option and brings Topaz’s market leading revenue backlog above $1.5 billion.

    The contract award demonstrates Topaz’s ability to secure substantial, long-term contracts in a weak market by offering clients a young fleet equipped with the latest technology, aligning with its clients’ needs to deliver cost, efficiency and safety benefits.

    Topaz has been active in Turkmenistan since 2010 and is committed to the country and the wider Caspian region. Out of a global fleet of 97 vessels, 62 of Topaz’s OSVs are deployed in the Caspian region, servicing the exploration, development and production needs of major companies such as BP, Chevron, ExxonMobil and Saipem in Azerbaijan, Russia, Kazakhstan and Turkmenistan.

    About Topaz Energy and Marine
    Topaz Energy and Marine is a leading international offshore support vessel company providing logistics support and marine solutions to the global energy industry with primary focus on the Caspian Sea, the Middle East, West Africa and Subsea operations in the North Sea and the Pacific. Headquartered in Dubai, Topaz Energy and Marine operates an existing fleet of 97 offshore support vessels with an average age of approximately 9 years. Topaz Energy and Marine is a subsidiary of Renaissance, a publicly traded company listed on the Muscat Securities Market in Oman. In addition, Standard Chartered Private Equity holds a minority position in the company.




2018 September 18

18:09 Cruise ships called Saaremaa Harbour nine times during the summer season
17:52 Arctic units of RF Navy’s Northern Fleet hold amphibious assault training at Chukotka coast
17:27 Annual Advanced Course on Port Operations and Management held in France on 10-12 September
17:04 Maersk Line announces rates from Europe & Mediterranean to West Africa
16:50 Marinet Conference gathered more than 500 on-site and virtual participants
16:21 Drilling rig supply ship of Project 22420, Ostap Sheremet, left Amursky Shipyard for outfitting and testing
16:04 Maersk Line announces new Bunker Adjustment Factor (BAF)
15:34 NYK participates in Japan Climate Initiative
15:04 6 MOL-operated/managed vessels earn commendations from Japan Coast Guard Regional Headquarters
14:30 Yang Ming launches new container vessel 'YM Wellbeing'
14:16 Throughput of Chinese ports grew by 4.1% to 6.15 billion tonnes in 8M’18
14:03 PORT OF KIEL restructures Ostuferhafen access area
13:52 RS gains ISO 9001:2015 Certificate
13:28 Kolmar to export up to 40 million tonnes of coal per year via a terminal under construction in the Muchke Bay
13:04 Throughput of port Kaliningrad in 8M’18 grew by 6% Y-o-Y to 9.6 million tonnes
12:40 Okskaya Sudoverf takes part in Global Fishery Forum and Seafood Expo 2018
12:17 Throughput of port Shanghai (China) declined by 1% to 372.85 million tonnes in 8M’18
11:55 Fuel oil prices show no significant changes in the Far East ports of Russia (graph)
11:31 Throughput of port Vyborg in 8M’18 up 23% Y-o-Y to 1.15 million tonnes
11:09 Diana Shipping aqnnounces time charter contract for m/v Artemis with Ausca
10:48 Throughput of port Primorsk in 8M’18 fell by 11% Y-o-Y to 35.79 million tonnes
10:30 Throughput of port Vysotsk in 8M’18 declined by 3% Y-o-Y to 12.07 million tonnes
10:09 Georgia Ports Authority approves $92M rail expansion
09:52 Brent Crude futures price down 0.55% to $77.62, Light Sweet Crude – down 0.44% to $68.39
09:43 ABS Global Gas Team awarded classification contract for Singapore's first LNG bunker barge
09:33 Krasnoye Sormovo shipyard delivers Pola Feodosia, fourth dry cargo carrier of Project RSD59
09:15 Baltic Dry Index is down to 1,357 points
08:17 GTT and Keppel Offshore & Marine sign a license agreement for the construction of membrane tank solutions
07:36 Bureau Veritas issues approval for GTT’s new NO96 Flex cargo containment system

2018 September 17

18:04 Maersk Line announces rates from Indian Subcontinent and Middle East to Mediterranean
17:50 ICS launches free guidance on preparing for 2020 sulphur cap
17:23 Throughput of port Ust-Luga in 8M’18 declined by 5% Y-o-Y to 64.49 million tonnes
17:04 Maersk Line announces rates from Europe & Mediterranean to West Africa
16:35 Cheniere and Vitol sign 15-year LNG sale and purchase agreement
16:04 Port of Piraeus establishes partnership with Port of Guangzhou
15:30 Keppel delivers its second LNG-powered vessel to Keppel Smit Towage Singapore
15:12 Maersk Line announces rates from Far East Asia to West Africa
14:58 HHLA floating crane loads world’s biggest ship propeller onto a vessel at the Port of Hamburg
14:50 Throughput of Port St. Petersburg up 12% to 39.39 million tonnes in 8M’18
14:23 Training for reducing emissions in ports held in Georgia
14:01 Incheon Port Authority signs agreement of 'Formation of eco-friendly port' with UNEP
13:36 Wärtsilä wins world’s first ‘LPG as fuel’ order for new generation of innovative gas carriers
13:12 GTT receives an AiP from Bureau Veritas for the development of its new cargo containment system (CCS) NO96 Flex
12:50 Registration opens for SMi’s 4th annual Maritime Reconnaissance & Surveillance Technology conference
12:31 Maersk to change fuel adjustment surcharge ahead of the 2020 sulphur cap
12:05 Super Luxury MV Viking Orion calls Colombo
11:57 Average wholesale prices for М-100 HFO up to RUB 20,404 in RF spot market
11:24 Bunker sales at the port of Singapore in 8M’18 down 1% Y-o-Y to 33.35 million tonnes
11:19 DNV GL starts phase II of project to examine the impact of phase-contamination on oil flow meters
11:03 Port of Singapore throughput in 8M’18 grew by 1.2% Y-o-Y to 418.62 million tonnes
10:46 Valencia Containerised Freight Index up 8.19% from January to August 2018
10:41 Throughput of port Helsinki (Finland) in 8M'18 up 8.9% Y-o-Y to 7.67 million tonnes (table)
10:18 The Maritime Standard reveals finalists for 2018 Awards
09:56 Brent Crude futures price down 0.12% to $78, Light Sweet Crude – down 0.07% to $68.72
09:34 Port of HaminaKotka throughput in 8M’2018 up 14.3% Y-o-Y to 10.9 million tonnes
09:15 Baltic Dry Index is down to 1,366 points
08:07 Newcastle welcomes ro-ro shipment for Newcastle Light Rail project
07:05 U.S. Port of Corpus Christi resumes normal operations

2018 September 16

13:59 GTT presents its latest technological innovations and related services during Gastech 2018 in Barcelona

2018 September 15

07:22 Port of Oakland night gates will expand to speed up cargo flow