Monday 28 July 2014
Topaz Energy

Topaz Energy unit posts 22pc revenue growth

Nico Middle East, a subsidiary of Dubai-based Topaz Energy and Marine said it has registered $376.5 million revenue for 2013, up 22 per cent over the previous year as a result of the expansion of the core vessel fleet and high vessel utilization


Topaz Energy appoints new CFO

Topaz Energy and Marine, a global leading offshore support vessel owner with key operations in the Middle East and Caspian, has appointed Pernille Fabricius as chief financial officer (CFO). Fabricius’ career spans 25 years


Topaz Energy deploys Dell network solutions

Dubai-based oilfield services company Topaz Energy and Marine said it has deployed network security solutions from Dell SonicWall, to ensure safe network and boost its productivity. A part of the Dell Software organization, Sonic


Renaissance unit wins GAC vessel contract

Renaissance Services subsidiary Topaz Energy and Marine, a leading provider of offshore support vessels, has won a contract from top shipping group GAC to provide completion services for two crew/cargo vessels. Topaz’s NicoCraft shipyard i


Renaissance defends disclosure delay

Omani group Renaissance Services defended itself against investor anger over late disclosure of troubles at its Topaz unit and said it will meet its short-term commitments as it focuses on turning around its troubled engineering unit.  &


Topaz Energy 'pulls $500m London listing'

Oman's Renaissance Services  has pulled the planned $500 million initial public offering of its oilfield services unit Topaz on valuation concerns and growing regional unrest, a source familiar with the matter said. The order books fo

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