BUSINESS

We embrace change.

The offshore segment is flush with activity and new projects. To continue to be an industry leader, Teekay is exploring innovative technology.

Case Study: Teekay Flex Shuttle (SLT300)

The SLT 300 allows offshore export operations to be performed directly from the production facility, addressing transportation challenges that arise from the development of more marginal fields. .

The research and development program is being developed in cooperation with Detnorske, co-funded by The Research Council of Norway, and supported by Marine Cybernetics and Ship Manoeuvring Simulator Centre A/S.

Case Study: Offshore Windfarm Installation Vessel

Teekay and A2SEA are jointly developing an offshore windfarm installation vessel. Our unique experience in shuttle tanker operations paired with A2SEA’s extensive experience in the offshore wind sector provides the ideal basis for a successful development.

The vessel will be capable of transporting pre-assembled foundations straight out to the site, driving down the time and cost of windfarm foundation installation.

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 43.49 -0.39 -0.88% Volume: 67,632 May 24, 2013

TOO stock

NYSE: TOO 33.29 +0.48 +1.46% Volume: 85,365 May 24, 2013

TNK Stock

NYSE: TNK 2.94 +0.10 +3.52% Volume: 163,745 May 24, 2013

TK Stock

NYSE: TK 37.41 +0.04 +0.11% Volume: 47,605 May 24, 2013