23 March 2015
2014 revenue up 7% to USUS$404.6 million; EBITDA up 25% to USUS$203.8 million driven by investment in fleet, high vessel utilization and robust cost control.

Dubai, UAE:

Topaz Energy and Marine, a leading offshore support vessel company, today announces the results of its subsidiary Topaz Energy & Marine Ltd, Bermuda (formerly Nico Middle East Ltd.) ("Topaz") for the twelve months ended 31 Dec 2014 (in the following referred to as "the period").

The period has seen continued growth across the group with revenue up by 7% and EBITDA up by 25% over 2013. The growth in revenue and EBITDA is primarily attributable to the new vessels that were added to the fleet.

Read the full report here.

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© Press Release 2015