Latest news from Heavy Lift & Project Forwarding International Magazine

Offshore supply vessels for Topaz

February 24 - Topaz Energy and Marine, an international oilfield services group, is set to acquire two offshore supply vessels in Brazil, for a total delivered price of USD40.4 million.

The vessels, Sea Otter and Sea Marten, were built in 2007 and 2010 and are both Anchor Handling Tug Supply vessels used in support of offshore oil and gas activity.

The vessels are employed on three-year time charter contracts with Petrobras, the semi-public Brazilian oil company and the largest in Latin America.

Fazel Fazelbhoy, chief executive officer of Topaz Energy and Marine, said: "Brazil offers significant growth opportunity for Topaz, and these vessel acquisitions provide us with an excellent first entry point into the buoyant offshore market."

Topaz provides offshore support vessel and engineering services. It has a modern and diversified fleet of 100 vessels, operating primarily in the MENA and Caspian regions.

Heavy Lift | News

West P&I to acquire NMI stake thumbnail image

West P&I to acquire NMI stake

February 24 - West of England P&I Club has signed an agreement to acquire a significant stake in Nordic Marine Insurance (NMI).
Views: 244
Fitzgerald returns to Crowley  thumbnail image

Fitzgerald returns to Crowley 

February 21 - Crowley Maritime Corporation has appointed Ray Fitzgerald as its chief operating officer, effective March 1. 
Views: 588
KENC completes engineering scope for Jumbo thumbnail image

KENC completes engineering scope for Jumbo

February 21 - The Netherlands-based KENC Engineering has collaborated with Jumbo to prepare the heavy lift vessel Fairplayer for an FPSO installation project offshore Brazil. 
Views: 509

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.