Standard Chartered Private Equity (SCPE) announced today (August 20) the acquisition of a minority stake in UAE-based Topaz Energy and Marine (Bermuda), a leading offshore support vessel operator, through an equity investment of $75 million.
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 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
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 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
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. &
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