Teekay Offshore has been awarded new contracts by BP, Royal Dutch Shell and OMV Group to transport oil produced oil produced from the new Glen Lyon FPSO.
Teekay | Offshore Post
Teekay Corporation reported a decrease in revenue for the second quarter of the year, with lower cash flow from vessel operations compared to the second quarter of 2015.
North Sea storms cause Banff FPSO mooring failure, in ongoing heavy storms that have lashed the North Sea oil and gas sector over the last two weeks.
A fire that broke out on a Norwegian offshore FPSO, was caused by a mixture of design errors and faulty operation of the HVAC system.
Centrica Energy has announced that it will extend its contract for the Hummingbird Spirit FPSO until March 2016 for its Chestnut field.