Topaz Energy and Marine acquires two modern anchor handling vessels

Photo: Topaz Energy and Marine acquires two modern anchor handling vessels / Oil&Gas

Baku, Azerbaijan, Jan. 23
By Emil Ismayilov - Trend:

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announces the acquisition of two large and modern Anchor Handling Towage and Supply Vessels (AHTSV), the company said today.

A purchase price of the Caspian Challenger and the Caspian Endeavour vessels is $ 100 million, according to the report.

The vessels have been operating as part of Topaz's Caspian fleet on a bareboat agreement and are currently serving a long-term contract with BP in Azerbaijan. The vessels are supporting operations in the Azerbaijan offshore fields of ACG and Shah Deniz.

Topaz's fleet size in the Azerbaijani waters of the Caspian is currently 25 vessels. This will rise to 26 when the 4,000 DWT Platform Supply Vessel 'Caspian Voyager' joins the fleet in the second quarter of 2014.

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