Topaz Group’s offshore support vessel owning and operating division, Topaz Marine, provides supply and support services to the offshore oil and gas industry. With over 95 vessels, we support major offshore projects in the regions in which we operate, with anchor-handling vessels, platform supply vessels, survey vessels, specialised barges and ice-breakers among many others. Today, Topaz Marine’s offshore vessel operation ranks within the top ten largest in the world.
Topaz Marine has substantial operations throughout the Middle East and the Caspian, with additional vessel operations in North Africa and Southeast Asia. The Middle-East hub of operations is Dubai, from where the fleets of the Topaz Marine units- Nico Middle East, Doha Marine Services and Topaz Marine Saudi Arabia- are deployed. In the Caspian arena, Topaz Marine units- BUE Caspian, BUE Kazakhstan and BUE Turkmenistan- operate a diverse fleet, supporting offshore development and production.
The Topaz Marine division derives the vast majority of its revenue from secure, medium to long-term contracts with major oil heavyweights such as BP, Agip KCO, Saipem and Total. 3% of Topaz’s fleet is deployed in support of hydrocarbon exploration, 77% in support of field development and 20% in support of oil and gas production. Topaz Marine will, in 2009, operate through three strategic business units: Topaz Marine Azerbaijan, Topaz Marine Kazakhstan and Topaz Marine MENA.