RAK Petroleum orders first wave piercer vessel

RAS AL KHAIMAH, 30 October 2010--RAK Petroleum Public Company Limited has chartered the first Topaz Wave Piercer for use in the Gulf, the Company announced today. Designed by Incat Holdings Limited of Australia and built by Topaz Marine based in Dubai, the long-term charter vessel will be used by production crews commuting to and from the Company's offshore platforms in Oman.