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Topaz stayed in the black in the third quarter

Topaz Energy and Marine's start to the second half of 2018 has been "robust," according to CEO René Kofod-Olsen. Revenue grew, and a deficit turned into a profit on the bottom line.

Dubai-based offshore shipping company Topaz Energy and Marine improved its top as well as bottom line in the third quarter, a period described by CEO René Kofod-Olsen as a robust beginning to the second half of the year in the company's interim report.

"With continued growth coming from our solid home market position in the Caspian Sea, our transformational Tengiz logistics project and the turnaround achieved in Sub-Saharan Africa, it’s clear our business fundamentals remain strong," says the CEO in the report.

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