BUSINESS

Navigating through the world’s most challenging and environmentally sensitive waters.

Our comprehensive shuttle and offshore service capabilities include offshore loading, oil transportation, oil storage, as well as general consultancy, technical services and custom solutions.

Teekay has a proven track record of successful projects that use creative solutions to add value to customers.

Case Study: Don Project for Petrofac

In this project, a recovered single anchor loading (SAL) system was modified into the first-ever deep water SAL system. This provided our customer with valuable, short-term production up-time on the field before the tie-back pipeline to the Thistle platform was ready.

With no oil storage available on-field, a shuttle loading contract was bundled with the modified SAL solution, maximizing flexibility and profitability for Petrofac.

Cast Study: Kristin Project for Statoil

In this project, our customer needed to maintain production and export during unplanned export riser repairs at the field.

Over two and a half months, shuttle tankers, Navion Britannia and Navion Hispania, were fast-tracked through comprehensive preparations to meet all field specific and statutory requirements. We developed field specific dynamic-positioning (DP) software, installed a telemetry system, reprogrammed the communication systems and developed specific training programs, field operation manuals and emergency procedures. This enabled us to deliver nine days of continuous loading operation on DP through direct loading to the shuttle tanker until completion of export system repairs.

Teekay Group

NYSE: TGP

Teekay LNG Partners L.P. generates stable cash flows from long-term fixed-rate contracts with strong counterparties. LNG demand is expected to grow by 50% by 2030

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NYSE: TOO

Teekay Offshore Partners L.P. generates stable cash flows from fixed-rate contracts and is the world’s largest owner and operator of shuttle contracts

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NYSE: TNK

Teekay Tankers Ltd. has a balanced chartering strategy of fixed-rate and spot market contracts that can pay a dividend in virtually any spot tanker market

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NYSE: TK

Teekay Corporation is financially strong with a unique business platform and leading positions in promising midstream marine growth sectors

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Contact

TEEKAY SHIPPING NORWAY AS
Verven 4, PO Box 8035
N-4068 Stavanger
Norway
Tel: +47 5144 2700

NYSE: TGP 44.39 +0.30 +0.68% Volume: 45,645 May 21, 2013

TOO stock

NYSE: TOO 32.89 +0.00 +0% Volume: 114,664 May 21, 2013

TNK Stock

NYSE: TNK 2.85 +0.08 +2.71% Volume: 294,040 May 21, 2013

TK Stock

NYSE: TK 38.79 +1.04 +2.75% Volume: 304,260 May 21, 2013