OUR JOURNEY SO FAR

With over 180 years of experience supporting the oil and gas industry we have lived through various oil price cycles. At each turn, we have worked to stay at the forefront of a changing industry by taking strategic actions and pioneering the transition from a vessel owner to an integrated OSV and logistics services provider.

  • 2019

    Topaz Energy and Marine was fully acquired by DP World. The deal combines two strong companies, allowing for increased investment both in the fleet and in technology and innovation, to the benefit of current and future stakeholders.

    Topaz and P&O maritime to combine into: P&O Maritime Logistics.

  • 2018

    Secured long-term contract extension to 2025 (plus options) with BP for 12 vessels in Azerbaijan.

    Extended BP contract in Azerbaijan, up to 2025, adding US$ 375M of backlog

    Renewed and secured new contract with Saudi Aramco (US$ 40M)

    All MCV vessels delivered from yards and operational.

  • 2017

    Topaz Energy and Marine created its new operating division - Topaz Solutions - to focus our strategic diversification into additional segments of the energy industry.

    P&O aquires Reyser.

    Topaz secured US$ 100M contract with Dragon Oil, Turkmenistan.

  • 2016

    Secured substantial contracts in connection with the development of the Tengiz oilfield in Kazakhstan and secured 14 offshore support vessel contracts with BP Exploration in the Caspian.

    Secured 5-year contract for 14 vessels with BP in Azerbaijan

    Secured a contract, in consortium with Blue Water Shipping, to supply and operate 20 vessels for the Tengizchevroil JV in Kazakhstan.

    Base Marine Norway AS is established.

  • 2015

    Topaz raised US$ 550M facility, significantly improving liquidity and covenant terms, and smooth repayment schedule.

  • 2014

    Topaz secured equity investment of $75 million from Standard Chartered Private Equity to fund future growth.

    Topaz expanded into West Africa with strategic partnerships in Nigeria and Angola.

    P&O Maritime acquires Repasa.

  • 2013

    Topaz established office in Astrakhan.

  • 2012

    Topaz Marine established its global operations, Topaz Marine Global, and entered the Russian and Nigerian markets.

  • 2010

    Topaz established Turkmenistan operations and entered the Brazilian market

  • 2009

    Topaz launched its new corporate brand and the new divisional brands, Topaz Marine and Topaz Engineering.

    P&O Maritime acquires 70% of the Dos Santos Group Bulk Barging Business in Paraguay.

  • 2006

    Topaz's marine repair activities commenced in Oman, Azerbaijan, and Kazakhstan.

    DP World acquires P&O Maritime

  • 2005

    Topaz merged with Renaissance Services SAOG of Oman to acquire BUE Marine Services, thereby making its entry into the Caspian Sea market.

    Topaz acquires Nico and was listed on the Muscat Securities Market.

  • 2002

    Topaz started new manufacturing lines within oil and gas fabrication works and installation such as pressure vessels, process skids and structural works.

  • 2001

    Topaz added rig refurbishment and marine repair activities to its Abu Dhabi based operations.

  • 1999

    Topaz started new manufacturing lines within oil and gas fabrication works and installation such as pressure vessels, process skids and structural works.

  • 1998

    Topaz Energy and Marine acquired Nico, and listed on the Muscat Securities Market.

    Topaz merged with Renaissance Services of Oman to acquire BUE Marine Services (Caspian Operations)

  • 1988

    Nico established Nico World, an offshore support vessel-owning and operating company.

  • 1970

    P&O Maritime is established.

  • 1837

    Peninsular and Oriental Steam Navigation Company

OUR CASE STUDIES

As our clients’ demands evolve, we have adapted our service-led offering to stay at the forefront of industry needs and remain as the preferred provider of marine logistics services and solutions. Read our case studies to know more about how we have proven our ability to deliver large-scale, bespoke services, in collaboration with our customers and partners.

P&O Maritime Logistics has been operational in Azerbaijan for the last two decades, supporting the operations of British Petroleum (BP) and its partners in the country. BP first began operations in Azerbaijan over 25 years ago, in partnership with the Government of Azerbaijan, contributing to the development of the Caspian Sea as a modern hydrocarbon production centre providing a substantial new revenue stream for the state of Azerbaijan, underpinning its strong economic growth.

POML provides various types of Offshore Support Vessels (OSVs) to BP in Azerbaijan’s largest oil and gas fields, transporting supplies to and from the Azeri-Chirag-Gunashli (ACG) and Shah Deniz fields, and providing anchor-handling and emergency response services. POML’s total fleet serving in Azerbaijan now stands at 21 vessels.

As well as delivering excellent levels of client service, at POML, we strive to maintain a positive safety culture, supported by a robust safety management system (SMS). Safety is not only integral to our license to operate, but our strong operational safety track record is also a key competitive strength, providing further assurance for clients to contract significant and long-term business with us.

Our unwavering commitment to safety supported through operational excellence has delivered over more than 3 years of LTI-free operations for BP and our partners. We focus relentlessly on driving a strong safety culture throughout our operations across our global organisation, which includes frequent visits management vessel visits.

Our ability to secure long-term contracts with reputed oil majors such as BP reflects the value and quality of our operations in the Caspian Sea and globally. Our exemplary operational and safety track record, as well as our contribution to the social development and economic growth in Azerbaijan, where 97% of our operational staff are Azerbaijani, demonstrates why POML is entrusted by major clients as a partner of socially and economically important energy projects.

In 2020, P&O Maritime Logistics appointed Mozambique’s first female ship pilot and female boat skipper.

In what is traditionally known as a male-dominated industry, women represent a highly talented and skilled proportion of the workforce that is not being fully utilised by the maritime sector. POML is committed to providing vocational training for women to increase female representation and bring much-needed skills into the workforce.

Ana Maria Job Goetsa and Edna Luisa Nhapulo both joined the POML cadetship scheme in August 2018. After two years of hard work, international training, and sea-faring apprenticeships, they are now trailblazing for a new generation of highly skilled young professionals that are expected to rise through the ranks in the Port of Maputo.

Over the last two years, Ana’s training has taken her far and wide, from Australia to China, Guinea to India. She completed 12 months at sea on a foreign-going vessel. Before and after her sea-going experience, Ana was in the United Arab Emirates, initially for cadet training at POML’s Centre of Excellence in Jebel Ali, thereafter for valuable specific pilot training. Ana is now a ship pilot in the Port of Maputo and the first woman in the country to take on the role.

Edna Luisa Nhapulo joined the cadetship scheme at the same time as Ana but her career has taken a slightly different route. She spent time training in the Port of Maputo, learning to manoeuvre boats with ease. Management was impressed by her confidence, so it was no surprise when she passed the examination with the Maritime Administration and qualified as a boat skipper. Edna is now planning to complete further sea time in deep-sea vessels so that she may obtain her certification as an Officer in Charge of Navigation Watch.

The cadet programme has been a strong success for POML in Maputo. Established in 2016, the scheme has enabled a wealth of local talent to receive valuable training and skills. These opportunities are now leading to management positions and roles in the wider maritime profession.

P&O Maritime Logistics has a longstanding relationship with ExxonMobil in Nigeria, providing the oil giant with logistical support across several operations. Today, POML is responsible for transporting tools and equipment from the storage centre at Port Harcourt to the fields. This can range from pipes and liquids to drill bits to safety equipment.

As such, POML plays a key role in supporting ExxonMobil’s contribution to the Nigerian economy.

Operating in Nigeria can be challenging due to high temperatures, humidity, and two rainy seasons in the Southern part of the country where the majority of the oil and gas operations are located. The average annual rainfall in this region is very high, often over 4,000mm in the Niger Delta which is twice the average for tropical rainforest climates globally. In addition, infrastructure (access to power, roads etc) can be challenging in some areas.

We have been operating in Nigeria for six years and our crew is more than 80% Nigerian nationals, which enables us to work effectively to overcome operational challenges. By recruiting local employees and working with local suppliers, we have not only enhanced our effectiveness but have also positioned POML as a preferred business partner in Nigeria.

In 2017, P&O Maritime Logistics took delivery the first of its 20 Module Carrying Vessels (“MCV”), a unique class of vessel created by POML to meet the specific challenges of delivering oil production equipment through the Russian Inland Waterway System (RIWS) on behalf of its client, Tengizchevroil (TCO).

TCO is producing oil from Kazakhstan’s Tengiz field, one of the world’s six largest oil fields, and is currently enhancing the production capacity as part of its “Future Growth Project”.

The construction of the new production facility is primarily being done in Asia as modules, which are then transported to the site in Northern Kazakhstan for assembly.

We took on the challenge of ensuring the transportation of these modules safely and on schedule through the Russian Inland Waterway System (RIWS), which is known for its series of narrow rivers, and so a conventional tug and barge approach was not the optimal solution – neither from a safety or operational reliability point of view.

Each MCV can carry up to 1,800 tons of cargo, the equivalent of five Airbus A380s, in about 3 metres of water. Typically, this kind of load would require six to seven metres of depth. We designed the MCV fleet to meet the shallow and narrow waterways of the Russian Waterway System. With the MCVs in operation, we are already delivering equipment 40% faster than a conventional tug and barge operation through the RIWS.

Vessels of this scale take approximately 2-2.5 years to build. However, using three different shipyards – two in Romania, and one in Vietnam – we built a fleet of 20 vessels in 16 months. All vessels were delivered to the client during 2017-2018.

The Tengiz project is significant for POML as it demonstrates the company’s ability to re-shape and push the boundaries of energy logistics using innovation in a volatile global energy market.

By understanding changing customer needs and by applying a craftsman-like approach, POML, with its innovative spirit and maritime expertise, is able to propose and implement solutions that challenge conventional thinking and methods, demonstrating operational excellence.

We are committed to following a solution-driven approach to client requirements, which is often the least obvious answer and one that challenges the status-quo. The Tengiz project marks a new direction for the business, as we continue to push boundaries and empower employees to better service clients in an ever-changing environment.

In 2017, P&O Maritime Logistics took delivery the first of its 20 Module Carrying Vessels (“MCV”), a unique class of vessel created by POML to meet the specific challenges of delivering oil production equipment through the Russian Inland Waterway System (RIWS) on behalf of its client, Tengizchevroil (TCO).

TCO is producing oil from Kazakhstan’s Tengiz field, one of the world’s six largest oil fields, and is currently enhancing the production capacity as part of its “Future Growth Project”.

Each MCV can carry up to 1,800 tons of cargo, the equivalent of five Airbus A380s, in about 3 metres of water. Typically, this kind of load would require six to seven metres of depth. We designed the MCV fleet to meet the shallow and narrow waterways of the Russian Waterway System. With the MCVs in operation, we are already delivering equipment 40% faster than a conventional tug and barge operation through the RIWS.

POML was tasked with ensuring that the transportation of these modules was done safely, and deliveries made on time – a challenge given the navigation difficulties of the route. With such large-scale operations, the application of real-time data to support safer, faster and more efficient marine logistics was critical in delivering the time-saving benefit to its client.

We implemented the Internet of Things (IoT) to transmit real-time data from each vessel. Every 15 minutes, each vessel sends a packet of 15 data points on speed, routing, fuel usage and other aspects of its operation. This data is analysed to boost vessel performance in a variety of ways, ranging from better use of fuel to better use of downtime.

By applying the IoT onboard, we can move to more efficient planned maintenance and condition-based maintenance models. Predictive maintenance helped us increase availability of individual vessels by organizing their downtime, thereby yielding the cumulative effect of improving overall fleet and fuel efficiency.

This approach has also helped us benchmark and improve operational efficiency across our global fleet, helping to set key performance indicators, to streamline work processes and to make better prognoses on the life expectancy of equipment by scheduling maintenance work more efficiently and effectively – all of which create value for clients.

Furthermore, by having access to detailed vessel and engine performance data, we, as a valued partner, can offer our clients an unprecedented level of transparency. The use of data enables us to deliver optimal solutions to our clients, balancing the requirements for operational excellence and the need for budgetary rigour.