Dubai, 7th June 2009: Topaz Energy and Marine Ltd. through its subsidiary Nico Craft has launched a 30.2 metre crew boat named 'Kanoo 40' for Kanoo Shipping. The 30.2 metre crew boat was designed by Technicraft, New Zealand and all the engineering and construction work was undertaken by Nico Craft in Fujairah. Nico Craft forms a part of Topaz Engineering, the newly formed engineering division of Topaz Energy and Marine.

Kanoo 40 is a medium speed catamaran vessel designed to service vessels within a distance of 50 nautical miles from port.  The boat is constructed using welded seawater resistant aluminium alloy and the hull is a semi-planning type. The overall length is 30.2 metres on a moulded beam of 10 metres and a draught of 1.2 metres.

The crew boat has a deck cargo capacity of 35 square metres and can carry a crew of 5 and upto 35 passengers at a speed of 27 knots. The vessel has been built under the Bureau Veritas Certification.

Topaz Engineering has its ship building base in Fujairah (Nico Craft) and Abu Dhabi (Adyard). Nico Craft's focus has been passenger ferries, fast patrol boats, crew boats, utility boats and various commercial craft up to 40 meters LOA.  Its new state-of-the-art facility has 2 sheds of 120 meters each with all the required production machinery including a 200 tonne capacity Marine Travelift. Nico Craft currently has in excess of nine boats under construction, five of which are steel mono hull crew boats designed by Incat Crowther, Australia.

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About Topaz Energy and Marine Ltd.
Topaz Energy and Marine Ltd. is today one of the world's leading marine services and oil & gas fabrication companies with over 35 years of experience in the Middle East. Topaz is a wholly owned subsidiary of Renaissance Services SAOG, a publicly traded company on the Muscat Securities Market. Operating throughout the Middle East and the Caspian with vessel operations in North Africa and S.E. Asia, Topaz employs over 6,000 people. With its operational headquarters in Dubai, UAE, Topaz will in 2009 operate under two business divisions - Topaz Marine and Topaz Engineering. Topaz Marine; the offshore support vessels division comprises Nico Middle East, Doha Marine Services, Topaz Saudi Arabia, BUE Caspian, BUE Kazakhstan & BUE Turkmenistan. Topaz Engineering comprises Adyard (Abu Dhabi) and Nico International.

© Press Release 2009