Norwegian Car Carriers ASA announce a new time charter contract for their 'NOCC Caspian'.The company's 100% owned car carrier NOCC Caspian's charter is for a duration of about 12 months with commencement in early December 2012.The concluded…
Kazakhstan’s President Nursultan Nazarbayev & Eni CEO Paolo Scaroni consulted in Astana during the VII Kazernergy Eurasian Forum.During the meeting, described as cordial and constructive, Eni's CEO shared the developments and results of…
Topaz signs over $65 million of new charters and announces the acquisition of two AHTS.Renaissance subsidiary, Topaz Energy and Marine (“Topaz”), a UAE-based oil field services company, has been awarded two new long term charters, totalling over $65 million…
Damen Shipyards delivers three Cutter Suction Dredgers to Azerbaijan. On 24 January 2012 Dutch shipbuilder Damen Shipyards delivered three Cutter Suction Dredgers of its CSD 500 series to the Ministry of Emergency Situations (MES) in Azerbaijan…
STX Norway Offshore has signed contracts for the building of two icebreaker tugs to JSC Circle Marine Invest. The vessels will be delivered in 2011, and the total value of the two contracts amounts to approximately $71.4m. JSC Circle Marine…
Saipem has been awarded new offshore contracts worth over 1 billion euro. The contracts refer to activities to be carried out between 2010 and 2012 in the main offshore areas where Saipem is present, in particular in the Caspian Sea, both in the Kazakh and Azeri sectors…
According to an April 18 report from the Georgian Daily Independent Voice, Azerbaijan, Georgia and Romanian are jointly launching a liquefied natural gas (LNG) project, designated as the Azerbaijan-Georgia-Romania Interconnector (AGRI). The…
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 $225m BP contract won in 2008. The Caspian Protector is a state…
President of Azerbaijan, HE Ilham Aliyev breaks ground for the new yard in the presence of Singapore’s Minister for Foreign Affairs, Mr George Yeo.Fortifying its presence in the Caspian Region, Keppel Offshore & Marine Limited (Keppel O&M)…
Topaz Energy and Marine announced its audited financial results for 2009. Topaz posted revenue of $448 million, EBITDA of $ 127 million and Net Profit of $ 65 million demonstrating year on year growth of 7%, 14% and 38% respectively. The growth…
Incat Crowther announced the establishment of a new office located in the United States of America. The opening of the U.S. office is facilitated by the integration of an existing firm, Alliance Marine Design, whose team of naval architects…
Northern Offshore, Ltd. (Oslo Bors: NOF.OL) announced that its subsidiary, Northern Offshore U.K. Ltd, was awarded a contract with Caspian Drilling Company Limited (CDC) for the provision of support services for drilling operations in the Caspian Sea…
Topaz Energy and Marine, through its subsidiary BUE Turkmenistan, announced the award of a $14m contract with MMHE (Malaysian Marine Heavy Engineering). MMHE is operating a JV between Technip and Petronas in the construction and development…
J. Ray McDermott’s Caspian subsidiary has completed installation of offshore facilities at the Yuri Korchagin field for OOO LUKOIL-Nizhnevolzhskneft (LUKOIL), a subsidiary of OAO LUKOIL Oil Company. The Yuri Korchagin field is the first…
Topaz Energy and Marine announced the appointment of Bill Bayliss as the Chief Operating Officer of Topaz Engineering, the company’s engineering division.Bayliss has been appointed COO of Topaz Engineering, effective immediately. He replaces…
