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Home›Business & Finance›Topaz Wins Maersk Oil Qatar Contract Worth $48 Million
Business & Finance

January 13, 2011 · about 15 years ago

Topaz Wins Maersk Oil Qatar Contract Worth $48 Million

Topaz Energy and Marine, a leading oilfield services company, has through its subsidiary DMS been awarded a five year vessel contract with five one-year options estimated to be worth US$ 48M including the option period. Under the contract, the offshore support vessel ‘Topaz Shaheen’ will serve as a

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Topaz Energy and Marine, a leading oilfield services company, has through its subsidiary DMS been awarded a five year vessel contract with five one-year options estimated to be worth US$ 48M including the option period.

Under the contract, the offshore support vessel ‘Topaz Shaheen’ will serve as a standby support vessel for Maersk Oil Qatar in the Al Shaheen Field in Qatar.

The vessel has previously been working for Maersk providing services such as anchor handling, personnel transfer as well as acting as a Safety Standby Vessel for rescue operations and firefighting. Upon successful completion of a one year stint with Maersk in Qatar, the vessel was awarded a long-term contract.

The ‘Topaz Shaheen’ is currently undergoing a significant upgrade which will enhance the vessel’s capabilities in the field and make her capable of dynamic positioning operations and oil spill recovery. She will also be able to undertake remote operated vehicle (ROV) and survey support operations. The vessel will be deployed back to the field later this month.

The ‘Topaz Shaheen’ forms part of the Topaz Marine division’s offshore support vessel fleet serving oil majors and international offshore contractors primarily in the offshore hydrocarbon space of Caspian and MENA.

[mappress]

Source:Topaz enegy, January 13, 2011; Image: Marine Traffic

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