A long-time provider of offshore storage of hydrocarbons
Floating Storage and Offloading (FSO) solutions have been a major part of Teekay’s offshore services since 1990.
On various occasions, Teekay has converted aging shuttle tankers into FSO units, thereby extending the life of the vessels. For example, Occidental Petroleum contracted Teekay to convert the shuttle tanker Sirita into an FSO vessel for deployment on the Al Rayyan Field, located northeast of the Qatar peninsula. Additionally, in an agreement with Statoil, Teekay is currently in the process of converting a 1995-built shuttle tanker to an FSO for the Gina Krog Field in the North Sea.