BP books PSVs for field support offshore Azerbaijan

Offshore staff

DUBAI, UAE -- BP has awarded vessel operator Topaz Energy and Marine two contracts to support development programs in the Azeri sector of the Caspian Sea.

Topaz has acquired two European-built, DP-2 platform supply vessels (PSVs) for the five-year contracts, valued at around $100 million. One is 3,300 metric ton (3,638 ton) dwt and the other is 4,000 metric ton (4,409-ton) dwt.

The boats will be deployed during the current quarter and in 2Q 2014 to support operations on the ACG fields and the Shah Deniz 2 development.

Topaz now has a 26-strong fleet size in Azeri waters. The company has been operating in the Caspian Sea since its acquisition of BUE Marine in 2005.

11/27/2013

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...