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Topaz Energy and Marine wins US$ 100 million BP contracts


Published Nov 28, 2013
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Topaz Energy and Marine Ltd.-3

Topaz Energy and Marine announces the win of two contracts with BP in Azerbaijan's largest oil and gas fields worth approximately US$ 100 million. Topaz has acquired two European built Platform Supply Vessels (PSVs) to serve the contracts which stretch over five years, including options.

The boats will be deployed in Q4 2013 and Q2 2014 in support of BP's operations in the Azerbaijan offshore fields of ACG and Shah Deniz 2 performing supply duties.

René Kofod-Olsen, CEO, Topaz Energy and Marine, said,'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'.

Tags: Topaz Energy and Marine Ltd.




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