Kazakhstan's Circle Maritime Invest is banking European cash to help acquire two support ships.
The Caspian Sea offshore shipowner is spending $20m on the vessels, according to Energy Voice.
The anchor-handlers will be chartered by Dragon Oil Turkmenistan to develop the Cheleken oilfield.
The money is coming from the European Bank for Reconstruction and Development (EBRD), which in 2010 provided a loan of up to $65m to Circle Maritime to finance the delivery of three shallow-draft icebreaking tugs to serve an Agip KCO charter.
