Topaz Energy and Marine has signed a long-term agreement with Reach Subsea to charter newbuild vessel Topaz Tiamat.
Dubai-based offshore marine logistics company Topaz is to mobilise the vessel in Norway for delivery to Reach Subsea in mid-February. The contract covers a firm 2.5-year charter with three yearly options.
The work scope will largely comprise IMR, subsea construction and survey work.
Ordered in 2015, Topaz Tiamat is a light subsea construction vessel designed and built by Vard in Norway. It measures 98.1 m in length by 20 m in breadth, has a draft of 6 m and a dwt of 3,000. It has a dynamic positioning class of DP2 and its propulsion comes from two 2,000-kW Azipull thrusters along with two 1,650-kW bow-mounted tunnel CPP thrusters and a 1,500-kW retractable azimuthing thruster. It is also equipped with an active-heave compensated 120-tonne subsea construction crane. Accomodation is provided for 82 people at a comfort class of 3.
Prior to delivery the vessel will undergo a battery pack upgrade and have two hangar-deployed deepwater-capable work-class ROVs integrated.
Topaz chief executive Rene Kofod-Olsen said “Topaz Tiamat, and its sister vessel Topaz Tangaroa represent Topaz’s strategic reinvestment into the growing subsea segment.
“This newbuild project was executed counter-cyclically at a time of great turmoil in the broader offshore market, making it particularly rewarding to see the first vessel leave the yard and, as expected, go straight onto a significant long-term contract with a strong subsea partner like Reach.”
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