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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Monday, September 8, 2008

Topaz Energy and Marine Secure US$ 225 Million Contract

UAE's Topaz Energy and Marine Limited secure US$ 225 million contract from BP in Azerbaijan
Zawya - United Arab Emirates
Dubai, UAE - Dubai-headquartered Topaz Energy and Marine Limited announces that its wholly owned subsidiary BUE Marine Limited has been awarded a ten year, US$225 million contract from BP Azerbaijan to custom-build and supply three support marine vessels.

BUE beat competition from across the globe for the three vessel package, which comprises one Dynamically Positioned Platform Supply Vessel (PSV), one Dynamically Positioned Anchor Handling Tug Supply Vessel (AHTS) and one Emergency and Recovery and Response Vessel (ERRV).

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