May 21, 2019
As previously announced, Teekay Offshore has recently secured a new debt facility for four shuttle tanker newbuilds. This facility is partly funded by Norwegian export credit agencies. “It is gratifying that this innovative new technology developed in Norway has led to trade. This project includes many Norwegian subcontractors and contributes to the restructuring of the Norwegian economy, value creation as well as keeping employment in Norway”, says Mr. Torbjørn Røe Isaksen, the Norwegian Minister of Trade and Industry.
Click here the read the full press release from GIEK and Export Credit Norway.
