Offshore

Topaz' West Africa venture hit bottom line

Dubai-based offshore carrier Topaz Energy and Marine left the second quarter and first half of the year with a deficit. Result weighed down by West Africa.
Photo: Topaz Energy and Marine
Photo: Topaz Energy and Marine
BY OLE ANDERSEN

Offshore carrier Topaz Energy and Marine is - like the supply vessel industry overall - hit by the low activity in the oil industry. The Dubai-based carrier suffered a second quarter net deficit of USD 4.1 million and combined deficit of USD 3.1 million for the first six months of the year.

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