DP World Acquires Topaz Energy for $1.08 B

DP World Acquires Topaz Energy for $1.08 B

DP World announced that it has acquired Topaz Energy and Marine in a deal worth .

08 billion, Reuters reported.

The acquired oil services and marine logistics company was previously owned by Standard Chartered and the Oman-based Renaissance Services.

Topaz has a fleet of 117 vessels, and operates in the Middle East and Africa among other regions, with clients including Saudi Aramco, BP, and ExxonMobil.

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