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

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 >>

FPSO Cidade De Ilhabela Producing and on Hire
  Brazil >>  11/24/2014 - SBM Offshore is pleased to announce FPSO Cidade de Ilhabela is formally on hire after achieving first oil and completing a 72 hour continuous producti...
CMM Contracts Damen for Five OSRVís
  Brazil >>  11/18/2014 - Compagnie Maritime Monegasque SAM has secured contracts with Petrobras Brazil to charter five new-build Fast Oil Spill Response Vessels with a new and...

Ophir Appoints Excelerate Energy as Lead Midstream Partner
  Equatorial Guinea >>  11/6/2014 - Ophir Energy plc announces the appointment of Excelerate Energy, L.P as its lead Midstream Partner for the provision of Floating Liquefaction and Stor...
Aibel Wins Goliat Contract
  Norway >>  11/3/2014 - Aibel has been awarded the contract for hook up and commissioning of Goliat before start-up at the field. The project is an important contribution to ...

GMS Confirms New 4Y Contract for Large Class Vessel
  United Arab Emirates >>  10/30/2014 - Gulf Marine Services, the leading provider of advanced self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewabl...
Cathelco Supply 6 ICCP System for Bumi Armada FPSO Conversions
  United Kingdom >>  10/30/2014 - Cathelco has won an order to supply an impressed current cathodic protection (ICCP) system for the Armada Ali which will safeguard the hull of the ves...



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 B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed