MORE VESSELS ORDERED: FOR KAZAKH PROJECT

摘要

Compared with most other markets, offshore vessel owners can reflect relatively positively on the Caspian market where major oil projects are progressing. Tengizchevroil's development of the Tengiz oil field in Kazakhstan has led to contracts for multiple vessels owned and operated by a consortium between Topaz Energy and Marine and Blue Water Shipping. The combined revenue from these contracts will be more than US$500 million, according to Topaz. It has commissioned construction of 15 module carrying vessels (MCVs) for field operation. These are due to enter service in the second quarter of 2018.