caspian-challenger

Offshore support vessel company Topaz Energy and Marine has acquired two anchor handling towage and supply vessels (AHTSV) for $100m.

Reportedly large and modern, the Caspian Challenger and the Caspian Endeavour sister vessels were built by Kleven Maritime in Norway in 2008 and 2009 respectively.

According to the company, the vessels are wholly capable of deep-water work anywhere in the company’s existing global footprint and are equipped with dynamic positioning DP2 and automated safe anchor handling capabilities.

The vessels are operating in the Caspian basin at 17,200bhp and 190t bollard pull.

Said to be currently serving a long-term contract with BP in Azerbaijan, the vessels have been operating as part of the company’s Caspian fleet on a bareboat agreement.

By performing specialty project work, major rig moves, anchor repositioning and logistical support the vessels are supporting operations in the Azerbaijan offshore fields of ACG and Shah Deniz.

Topaz Energy and Marine CEO René Kofod-Olsen said it was a logical extension of the company’s agreement with the owner to exercise its purchase option and make the vessels a permanent part of its fleet.

"By performing specialty project work, major rig moves, anchor repositioning and logistical support the vessels are supporting operations in the Azerbaijan offshore fields of ACG and Shah Deniz."

"These vessels will benefit Topaz and our clients within and outside the Caspian Sea immensely," Kofod-Olsen said.

Once the 4,000dwt Platform Supply Vessel Caspian Voyager joins the company’s fleet in the second quarter of 2014, its fleet size in the Azerbaijani waters of the Caspian, which is currently 25 vessels, is expected to increase to 26.

Topaz operates in the Caspian Sea through its subsidiary BUE Marine, with experience of operating offshore support vessels for some of the leading energy companies.


Image: The Caspian Challenger Vessel. Photo: courtesy of Topaz Energy and Marine.

Energy