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11
Apr
2010Topaz 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
2010Topaz 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
2010Topaz 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
2009Topaz 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
2009Topaz 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
2009Topaz 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
2009Topaz 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
2009Topaz 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
2009Topaz 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
2009Topaz 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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