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FINANCIAL NEWS
UAE’s Topaz wins USD100 m contracts
26 Nov 2013
(MENAFN) UAE-based Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, has won two USD100 million contracts from BP in the largest oil and gas fields in Azerbaijan, according to Arab News.
The contracts will serve over five years as it acquired Platform Supply Vessels (PSVs).
“These contract awards for additional vessels in Azerbaijan reflect BP”s commitment to our long-term working relationship in the growing Caspian market and their confidence in the reliability, quality and capability of our vessels and our seafarers,” said Rene Kofod-Olsen, CEO, Topaz Energy and Marine.
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