Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million.
Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work will commence in early 2012 and involves a significant upgrade to the vessel which will enable her to carry out all interconnector and repair work in the wind farm industry. This award is in direct continuation of a successful two year charter in the North Sea renewable energy sector for ABB AB, High Voltage Cables.