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 Gulfoilandgas rss feed Follow us on Facebook  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 >>

Havyard Wins Brazil Design Gig Havyard Wins Brazil Design Gig Havyard Wins Brazil Design Gig
  Brazil >>  8/29/2014 - Havyard will deliver the ship design and equipment for four anchor handling tug supply (AHTS) vessels that are to be built and operated by the Brazili...
Bureau Veritas Wins FPSO Work Offshore Angola from Saipem
Angola >>  8/26/2014 - Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two KAOMBO FPSOs for service off Ang...

Siem Offshore Sells Two OSCVs to Daya
  Norway >>  8/22/2014 - Siem Offshore has entered into an agreement with Daya Materials Bhd for the sale of the two 2013-built Offshore Subsea Construction Vessels (“OSCVs”) ...
Bumi and Eni Sign $3 Billion FPSO Deal Offshore Angola
Angola >>  8/20/2014 - Eni Angola S.p.A. (eni Angola) has signed a contract with the consortium of Bumi Armada Offshore Holdings Limited (BAOHL, a wholly-owned subsidiary of...

Bumi Armada Receives LOI for FPSO in Indonesia
Indonesia >>  8/19/2014 - Bumi Armada Berhad through its wholly-owned subsidiary Bumi Armada Offshore Holdings Limited (BAOHL), together with its joint venture company, PT Arma...
First Oil in Tanks of FSO at Bualuang Field
  Thailand >>  8/19/2014 - Salamander announces that first oil has been received in the tanks of the newly converted Suksan Salamander Floating Storage and Offtake Vessel (“FSO”...



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
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us