Topaz Energy and Marine (“Topaz”), a leading offshore support vessel (“OSV”) company, today announced a new $100 million contract with Dragon Oil, the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC) whose principal asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan. Under the terms of the contract, Topaz will supply Dragon Oil Turkmenistan with six vessels, comprising five anchor-handlers and one Emergency Recovery and Response Vessel. The contract has already commenced with vessel mobilization and operation ramp-up under way. The contract is scheduled for a five year term with a two year option and brings Topaz’s market leading revenue backlog above $1.5 billion.

15 May, 2017, Dubai, UAE: Topaz Energy and Marine (“Topaz”), a leading international offshore support vessel company, today announces its Multi-Purpose Supply Vessel, Topaz Resolve, has commenced a charter in support of geophysical and geotechnical survey operations in the Mediterranean Sea for a European Oil Major.

Topaz Energy and Marine, a leading offshore support vessel company, has been appointed the technical managers of three vessels by a consortium comprising Blue Water Shipping A/S and Kazmortransflot (KMTF), in connection with the TCO developed Tengiz oil field in Kazakhstan.

Topaz Energy and Marine, a leading offshore support vessel company, has secured substantial contracts in connection with the development of the Tengiz oilfield in Kazakhstan during 2016. The two contract wins announced in the second and third quarter together represent revenue of more than US$500 million. The two contracts bring Topaz’s backlog to approximately US$1.7 billion.

Topaz Energy and Marine, a leading offshore support vessel company, today announced the renewal of its long standing contract with ABB for the Topaz Installer, Topaz’s specialized cable laying vessel. Under the terms of the contract, the Topaz Installer will provide ABB with cable-laying services in support of wind farms in the North Sea for a period of one year plus options of at least 12 months. The contract was first signed in 2010.

TCO contract worth in excess of US$350 million Topaz Energy and Marine, a leading offshore support vessel company, has in a consortium led by Blue Water Shipping A/S, secured a contract to supply and operate 15 vessels for the Tengizchevroil (TCO) joint venture in Kazakhstan for a contract value in excess of US$350 million.

Topaz Energy and Marine (“Topaz”), a leading offshore support vessel company, has received the “Deal of the Year” Award at the 2016 Seatrade Global Awards in London, for its contract win with BP Exploration (“Caspian Sea”) Limited (“BP”).