Oman's Renaissance mulls USD 1.5 billion Topaz Energy IPO

Oil and gas service major Renaissance Services is weighing an initial public offering of ship operator Topaz Energy & Marine with a USD 1.5 billion valuation, sources say.

By Ruth David and Dinesh Nair, Bloomberg

Oman's Renaissance Services SAOG, a service provider to the oil and gas industry, is considering an initial public offering for its Topaz Energy & Marine unit, according to people familiar with the matter.

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