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Renaissance Services Co. RNSS
RNSS 0.00%
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MSM30 Index 0.38%
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Price in OMR Last Update : 02 Aug 2017 12:00 pm (local time)
  • Topaz consortium bags $350mn contract for Kazakhstan oilfield May 14, 2016 | Source : Muscat Daily

    Renaissance Services’ subsidiary Topaz Energy and Marine has, in a consortium led by Blue Water Shipping A/S, secured a contract to supply and operate 15 vessels for the Tengizchevroil (TCO) joint venture in Kazakhstan for a contract value in excess...

  • Topaz adds an anchor handler; fleet reaches 100 Feb 10, 2016 | Source : Muscat Daily

    Topaz Energy and Marine, a subsidiary of Renaissance Services, has expanded its fleet with the acquisition of the anchor handling tug supply (AHTS) vessel Mamlaka, taking its total number of vessels to 100, including three newbuilds currently under construction. Mamlaka, which...

  • Renaissance awards Duqm facility AC contract to Muscat Electronics Nov 16, 2015 | Source : Muscat Daily

    Renaissance Services on Saturday announced that it will be awarding the split air conditioning contract for its flagship Duqm facility to Omani firm MEC/Daikin.  Renaissance project director Mike de Podesta said, “The MEC/Daikin units use the Inverter technology, which has proven...

  • RENAISSANCE UNIT ACQUIRES SUBSEA VESSELS FOR $115MN Renaissance unit acquires subsea vessels for $115MN Sep 28, 2015 | Source : Muscat Daily

    Renaissance Services ’ subsidiary, Topaz Energy and Marine, on Sunday announced the acquisition of two modern subsea vessels from Vard Brattvaag of Norway for nearly US$115mn. A press release from the international offshore support vessel company said it retains an...

  • Renaissance prices $125mn, 7.9% perpetual bond issuance Jul 16, 2015 | Source : Muscat Daily

    Renaissance Group has priced a US$125mn dual-currency subordinated perpetual bond issuance raised through a wholly owned overseas subsidiary.  The bond carried a coupon of 7.9 per cent and was placed on a private offering basis, Renaissance Services said in...

  • Financial disclosure by Renaissance's subsidiary Topaz Nov 25, 2015 | Source : MSM

    Financial Disclosure By Renaissance's Marine Subsidiary Topaz Renaissance Services SAOG (the “Company”), announces that its subsidiary Topaz Energy and Marine (“Topaz”) has published on its website the financial results for the nine months ended 30th  September, 2015. The full results are available

  • Renaissance divests Abu Dhabi Marine Engineering subsidiary for US$18.5M Oct 04, 2015 | Source : MSM

    Renaissance Services is pleased to announce it has entered into an agreement to divest Topaz Engineering Limited (TEL) and its subsidiaries which provides marine engineering and ship building services in the Middle East. Chalmers Holdings Limited has acquired the business for

  • Topaz reinvests in Subsea fleet with Vard Sep 27, 2015 | Source : MSM

    Topaz Energy and Marine (“Topaz”), a leading international offshore support vessel company, today announces the acquisition of two modern Subsea vessels from Vard Brattvaag in Norway at a purchase price of approximately US$115 million. Specifically developed for light subsea construction with

  • Renaissance Services announces the repurchase of second tranche of mandatory convertible bonds Aug 09, 2015 | Source : MSM

    Renaissance Services announces the repurchase of second tranche of mandatory convertible bonds.

  • Renaissance Group prices USD 125 mn 7.900% dual-currency perpetual bond Jul 15, 2015 | Source : MSM

    Renaissance Group (“Renaissance”) successfully priced a dual-currency subordinated perpetual bond issuance. An aggregate issue size of USD 125 million was raised through a wholly owned overseas subsidiary of Renaissance, the proceeds will be used to finance the repurchase of Renaissance’s

  • MENA hospitality industry shows mixed results as average room rates drop Jun 04, 2017 | Source : Saudi Gazette

    The MENA hospitality industry experienced mixed results in April 2017 as higher occupancies yet lower average room rates affected the overall revenue per average room (RevPAR), said Yousef Wahbah, MENA head of transaction real estate at Ernst and...

  • Investment in RegTech to rise amid geopolitical risks Jun 04, 2017 | Source : Saudi Gazette

    A large majority (75%) of anti-money laundering (AML) professionals believe the current geopolitical landscape presents new risks and challenges for preventing financial crime at their organizations, according to a joint survey by SWIFT and Dow Jones Risk &...

  • GCC aviation projects airborne May 15, 2017 | Source : Khaleej Times

    With the Middle East on track to see a two-fold growth in air traffic within years, the value of 152 active aviation-related projects in the region rose to Dh211 billion in April 2017 regardless of a huge drop...

  • GCC drives $50bn education projects Apr 18, 2017 | Source : Saudi Gazette

    The UAE is pioneering cost-effective construction for sustainable and healthy schools, driving the GCC’s $50 billion education project pipeline, industry experts announced today ahead of Cityscape Abu Dhabi. Across the GCC, public and private educational organizations are...

  • MENA hospitality market to continue softer performance Apr 16, 2017 | Source : Saudi Gazette

    Overall, the hospitality market across the GCC witnessed an even split in increases and declines of KPIs in February 2017 when compared to the same month last year, Yousef Wahbah, MENA Head of Transaction Real Estate at EY,...

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