BP extends contracts for 12 Topaz support vessels off Azerbaijan

March 21, 2019
Topaz Energy and Marine has signed contract extensions for 12 of its vessels currently supporting BP Exploration (Caspian Sea) Ltd.’s operations offshore Azerbaijan.

Offshore staff

DUBAI, UAETopaz Energy and Marine has signed contract extensions for 12 of its vessels currently supporting BP Exploration (Caspian Sea) Ltd.’s operations offshore Azerbaijan.

Under the terms of the agreement, seven of the offshore support vessels will be under contract until 2025, three until 2023, and two until 2022. The extended contracts all include a two-year option to extend.

Topaz’s current fleet contracted by BP through this agreement spans large anchor-handlers, platform supply vessels, and emergency response and recovery vessels. The vessels will continue to support BP’s work on theShah Deniz and ACG fields in the Azerbaijan sector of the Caspian Sea.

Topaz currently has 21 vessels in Azerbaijan.

03/21/2019