UAE-based Topaz secures TOTAL contract in Azerbaijan

Topaz will supply its anchor-handling vessel Topaz Triumph to TEPAb to service one work-over and one development well in the Absheron offshore field.

Topaz Energy and Marine, a leading offshore support vessel company, has announced a new contract with global energy giant, TOTAL, to support its operations in the Azerbaijani market.

TOTAL E&P Absheron (TEPAb) is operating on behalf of JOCAP, Joined Operating Company for Absheron Project, a joint venture between SOCAR (50%) and TOTAL (50%).

Topaz will supply its anchor-handling vessel Topaz Triumph to TEPAb to service one work-over and one development well in the Absheron offshore field.

“Our record of providing solutions with focus on safety and value across our operations has helped us secure this nomination and we look forward to delivering our consistent and world-class service for the development of the Absheron field,” said René Kofod-Olsen, CEO, Topaz Energy and Marine.

The work is estimated to take more than one year. Topaz has previously worked with TOTAL in both West Africa and the Middle East.

The Absheron Field is being developed under an early production scheme, reflected in the development programme agreed by State Oil Company of the Republic of Azerbaijan (“SOCAR”) and contractor parties.

The Republic of Azerbaijan has been an important market for Topaz over several decades, with its commitment to the Azerbaijani market being demonstrated through the company’s continued investment in the region and its high levels of localization.

Topaz Energy and Marine provides logistics support and marine solutions to the global energy industry with a primary focus on the Caspian Sea, the Middle East, West Africa and Subsea operations in the North Sea and the Pacific.

Headquartered in Dubai, Topaz Energy and Marine operates an existing fleet of 97 offshore support vessels.

Source Link | Arabian Supply Chain

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