Thursday 30 July 2015
 
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Topaz

UAE's Topaz eyes South American expansion

Topaz Energy and Marine is eyeing expansion into South America in the next two years as the Dubai-based oil services firm looks beyond the current difficulties in the sector caused by the lower oil price, its chief executive told Reuters.

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UAE's Topaz mulls South America expansion

Topaz Energy and Marine is eyeing expansion into South America in the next two years as the Dubai-based oil services firm looks beyond the current difficulties in the sector caused by the lower oil price, its chief executive told Reuters.

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Topaz adds new vessel to boost emergency response

Topaz Energy and Marine, a leading offshore support vessel company, has bolstered its Emergency Response and Recovery Vessel (ERRV) fleet with the addition of a new vessel, Topaz Responder. The newly-built Topaz Responder will pri

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UAE's Topaz closes in on loan worth $550m

Dubai-based oilfield services firm Topaz Energy and Marine is close to securing a loan worth at least $550 million to help refinance existing debt and fund new projects, banking sources said on Monday. Emirates NBD, First Gulf Ban

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UAE's Topaz closes in on loan worth $550m

Dubai-based oilfield services firm Topaz Energy and Marine is close to securing a loan worth at least $550 million to help refinance existing debt and fund new projects, banking sources said on Monday. Emirates NBD, First Gulf Ban

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Topaz appoints new chief financial officer

Topaz Energy and Marine, a leading international offshore support vessel owner with key operations in the Middle East, Caspian and West Africa, has appointed Jay Daga as chief financial officer, with immediate effect. Daga has bee

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Topaz opens new ship repair facility in Abu Dhabi

Topaz Marine Engineering Division (TMED), a leader for marine engineering services, has opened its new ship repair facility at Abu Dhabi Ports Company’s (ADPC) Free Port next to the Zayed Port. The facility, for which the la

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Renaissance to revive listing plans for Topaz arm

Oman's Renaissance Services has revived plans to list its oilfield services business Topaz, more than three years after pulling a share sale in London, sources said on Thursday. Dubai-based Topaz Energy and Marine, one of the bigg

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Topaz Energy earnings grow 12pc in H1

Topaz Energy and Marine, a leading offshore support vessel company, has posted a 12 per cent increase in earnings before interest, tax, depreciation and amortisation (EBITDA) during the first half of the year and a 5.3 per cent growth in EBITDA

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Topaz Energy unit revenue up 7pc

Nico Middle East, a subsidiary of top offshore support vessel firm Topaz Energy and Marine, saw its revenue $89.4 million in the first quarter, up seven per cent over the previous year. Announcing the results, the period has seen

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