FPSO Vessels and Equipment: News for Oil & Gas and Hydrocarbon Industries  Membership Services
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals community | My Account  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

Teekay Offshore Signs Brazil Shuttle Tanker Contract

Source: www.gulfoilandgas.com 6/22/2011, Location: South America

Share |

Teekay Offshore GP L.L.C. announced that it has entered into a new long-term contract with a subsidiary of BG Group plc (BG) to provide shuttle tanker services in Brazil. The contract with BG will be serviced by four Suezmax-size DP2 shuttle tanker newbuildings to be constructed by Samsung Heavy Industries in South Korea. Upon delivery in mid- to late-2013, the vessels will commence operations under 10-year time-charters. The contract with BG also includes certain extension options and vessel purchase options.

"These strategic new long-term shuttle tanker time-charters with BG further strengthen the Partnership's position in the fast-growing Brazilian offshore market," commented Peter Evensen, Chief Executive Officer of Teekay Offshore GP L.L.C. "In addition to increasing our Brazil based shuttle tanker fleet size by approximately 30 percent, this transaction is expected to be accretive upon delivery of the vessels and will provide Teekay Offshore with additional customer diversification and cash flow stability."

FPSO Vessels and Equipment News in Brazil >>

BW Offshore Receives Contract Extension for FPSO Berge Helene
  Mauritania >>  10/29/2014 - BW Offshore has received a two year contract extension for the lease and operation of the FPSO Berge Helene from PETRONAS Carigali Mauritania 1 Pty. L...
Nam Cheong Secures LOI Worth $186m
  Malaysia >>  10/17/2014 - Nam Cheong, a leading global offshore marine player and Malaysia's largest Offshore Support Vessel builder, has secured Letters Of Intent (LOI) from f...

Sembcorp Marine Secures $696m Libra FPSO Contract
Brazil >>  10/13/2014 - Sembcorp Marine through its wholly-owned subsidiary Jurong Shipyard Pte Ltd has secured a US$696 million contract to convert a shuttle tanker into a f...
Keppel Secures S$153m in Contracts from Repeat Customers
Angola >>  10/7/2014 - Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd (Keppe...


Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Brazil Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |

More News

Oil & Gas Companies in Brazil >>

Related Links

Countries Quick Links

AR BM BO BR CL CO EC FK MX PE TT UY VE
Gulf Oil and Gas E-Marketplace - Promote your Business - About Us Follow us on Facebook
Copyright Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed