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Tagged in Teekay Offshore
Altera takes delivery of sixth LNG-fueled shuttle tanker
Altera Infrastructure, previously known as Teekay Offshore, has taken delivery of its latest LNG-fueled shuttle tanker, Altera Wind.The company noted in a brief statement that it is the sixth and last vessel in the series built by South Korea’s …
Mar 8, 2021 / Vessels
Teekay Offshore Partners L.P. changes its name to Altera Infrastructure L.P. as part of global group rebranding initiative
Teekay Offshore Partners L.P. (the “Partnership”) today announced that its name has changed to Altera Infrastructure L.P. effective 24 March 2020. The Partnership announced that the group of entities comprising of the Partnership’s affiliates and …
Mar 24, 2020 / Curious
Teekay Offshore selects Marlink for managed IT services
Leading marine energy, transportation, storage and production company selects ITLink solutions for more compliance and resilienceTeekay Offshore has selected Marlink’s ITLink solutions portfolio with its benchmark IT operational platform, KeepUp@Sea, …
Jan 23, 2020 / Curious
Samsung Heavy Industries delivers Teekay's LNG double fuel propulsion shuttle tanker Aurora Spirit
Aurora Spirit, the world's first double fuel propulsion shuttle tanker using natural gas was delivered by Samsung Heavy Industries, a major builder in South Korea, to Teekay Offshore, a Bermuda-based shipping company. Image courtesy of Samsung Heavy …
Jan 23, 2020 / Vessels
Teekay Offshore Partners Announces Termination of Cheviot Field Opportunity and Availability Of Petrojarl Varg FPSO
In October 2018, certain subsidiaries of Teekay Offshore Partners L.P. (Teekay Offshore) entered into an agreement with Alpha Petroleum Resources Limited (Alpha Petroleum) to use Teekay Offshore’s Petrojarl Varg floating production, storage and …
Jun 24, 2019 / Vessels
Teekay Offshore Partners Secures $450 Million Shuttle Tanker Fleet Refinancing
Тeekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) announced Thursday (May23) that in accordance with previously noted financing plans, it has secured a new $450 million revolving credit facility for sixteen shuttle tankers.The facility will …
May 27, 2019 / Finance
ECO-friendly shuttle tankers secure financing of innovative new VOC technology developed in Norway
Teekay Offshore has secured long-term financing from the Norwegian Government for four new shuttle tankers being built at Samsung Heavy Industries (SHI) in South Korea.The shuttle tankers are all equipped with a new innovative technology developed by …
May 22, 2019 / Vessels
Teekay Offshore Partners Announces $100 Million FPSO Fleet Refinancing
Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) announced yesterday that it has secured a new $100 million revolving credit facility for the Piranema Spirit, Voyageur Spirit, and Petrojarl Varg FPSO units.The previous credit facility …
May 2, 2019 / Finance
Watson Farley & Williams advises Teekay Offshore on US$414m ECA-backed shuttle tanker newbuild loan
Watson Farley & Williams (WFW) advised long-standing client Teekay Offshore Partners L.P. (Teekay Offshore) on a US$414m debt facility to fund four LNG-fuelled newbuild shuttle tankers. The facility, which bears interest at Libor plus 225 basis …
Apr 11, 2019 / Finance
Teekay Offshore Partners Secures New $414 Million Debt Facility for Four Shuttle Tanker Newbuilds
Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) announced yesterday that it has secured a new $414 million long-term debt facility that will be used to finance four LNG-fueled Suezmax DP2 shuttle tanker newbuildings. Upon delivery in 2019 …
Apr 5, 2019 / Finance