Oman- Topaz adds an anchor handler fleet reaches 100

2/9/2016 12:48:38 PM

(MENAFN- Muscat Daily) Muscat-

Topaz Energy and Marine a subsidiary of Renaissance Services has expanded its fleet with the acquisition of the anchor handling tug supply (AHTS) vessel Mamlaka taking its total number of vessels to 100 including three newbuilds currently under construction.

Mamlaka which means kingdom in Arabic is a 61.8m DP2 vessel built by Malaysian offshore shipbuilder Berjaya Dockyard. The vessel was acquired as part of a contract with an oil major in its key Gulf market and is currently in Dubai being prepared for deployment a statement on the Topaz website said.

AHTS vessels typically perform services including anchor handling towing offshore platforms barges production modules and vessels and supply services and account for around one-third of Topaz's fleet.

Chief executive Rene Kofod-Olsen said 'The addition of the Topaz Mamlaka marks a milestone for our company as it brings the number of vessels in our fleet to 100. Over the last 12 months we have strategically expanded our fleet to take advantage of market conditions focussing on acquisitions which are in line with our strategy of operating a modern and high-spec fleet.'

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