Topaz appoints new Chief Operating Officer

Bayliss has been appointed COO of Topaz Engineering, effective immediately. He replaces the outgoing COO Jim Masterton who remains with the company in an advisory capacity.

Fazel A. Fazelbhoy, CEO of Topaz said in a statement;

"We're very excited to have Bill on board. He has a demonstrated capability of successfully managing large divisions and possesses exactly the kind of drive and ambition required to deliver our engineering business to the next level of growth."

A 20 year veteran of the oil & gas industry, Bayliss has had a successful career with industry names such as KBR and Petrofac. He has joined Topaz to head the engineering division that encompasses fabrication and construction, marine repair, ship building and maintenance services.

"The opportunity to join a growing Company with an enviable reputation of such legacy brands as Adyard Abu Dhabi, and Nico International, is a privilege. I believe that Topaz Engineering is a market leader and is committed to a competitive service delivery of the highest international standard. I am very excited by the prospect of leading Topaz Engineering into the next phase of its development and contributing to the broader growth and success of the Company as a whole" Bayliss said.

At the helm of Topaz Engineering, Bayliss will lead a team of more than 5,000 highly qualified staff, spread all over the Middle East and the Caspian Region. Topaz Engineering provides services to primarily international oil & gas companies and global shipping companies.

Bayliss will be based at the Topaz Corporate Office in Dubai.