Dubai-Mubasher: Topaz Energy and Marine expects to achieve revenues worth around $1.4 billion after siging contracts with BP Exploration (Caspian Sea) Limited, according to an issued statement.
The Dubai-based company has secured 14 offshore support vessel contracts with BP for five years plus two one-year options at current market terms, supporting BP’s ACG and Shah Deniz II fields offshore in Azerbaijan.
The 14 signed contracts are in process until 2023, with Topaz’s fleet serving in Azerbaijan totals 21 vessels.