NEWS

  • 11

    Apr
    2010

    Topaz receives second vessel for US$ 225 million BP contract

    Topaz Energy and Marine recently took delivery of the newest addition to its fleet, the ‘Caspian Protector’. The vessel will be deployed in Azerbaijan in support of a 10 year US$

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  • 17

    Mar
    2010

    Topaz announces $65 million profit for 2009

    Topaz Energy and Marine today announced its audited financial results for 2009. Topaz posted revenue of $ 448 million, EBITDA of $ 127 million and Net Profit of $ 65 million

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  • 25

    Feb
    2010

    Topaz Runs for the Flying Angel

    Topaz Energy and Marine showed its continued commitment to the Angel Appeal Charity by running the RAK Half Marathon earlier this week. Six Topaz team members participated in the

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  • 28

    Dec
    2009

    Topaz enters into MOA for USD 29.5 million vessel sale

    Topaz Energy and Marine today announced that it had entered into an MOA for the sale of its DP2 Diving Support Maintenance Barge, ‘TEAM Siam’, to Mermaid Offshore Services Ltd.

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  • 20

    Dec
    2009

    Topaz secures USD 42m SCB financing

    Topaz Energy and Marine today announced that it had raised USD 42 million from Standard Chartered Bank, Dubai in support of its fleet expansion plans, taking its total financing

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  • 10

    Nov
    2009

    Topaz wins Lloyd’s Safety Award

    During a Lloyd’s List awards ceremony in Dubai on Sunday evening, Topaz Marine MENA was awarded the ‘Safety at Sea’ award by a panel of distinguished judges. The black-tie gala

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  • 25

    Oct
    2009

    Topaz in strategic seven vessel breakthrough in Turkmenistan

    Topaz Energy and Marine, through its subsidiary BUE Turkmenistan today announced the award of a USD 14 million contract with MMHE (Malaysian Marine Heavy Engineering). MMHE is

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  • 11

    Oct
    2009

    Topaz takes a double at Seatrade Awards

    During Seatrade’s grand award ceremony in Dubai on Thursday night, Topaz Energy and Marine was awarded two prestigious accolades. Fazel A. Fazelbhoy, CEO of Topaz Energy and

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  • 05

    Oct
    2009

    Topaz gives generously to the Flying Angel

    In a gesture of humanitarian goodwill towards mariners, and expanding their corporate social responsibility program, Topaz Energy and Marine today announced their sponsorship of

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  • 31

    May
    2009

    Topaz secures USD 100 million Agip contract

    Topaz Energy and Marine Ltd., through its subsidiary BUE Kazakhstan recently secured a USD 100 million contract with Agip KCO in Kazakhstan. Under the contract, Topaz will custom-

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