People often ask me what is the most significant recent development in offshore. Singapore’s two biggest yards, SembMarine and Keppel O&M, announcing merger talks ( ..
Teekay Offshore Partners
Teekay Accepts Improved Brookfield Merger Offer
Teekay Offshore Partners has entered into an agreement and plan of merger with Brookfield Business Partners, and certain of its affiliates and institutional partners. According to the deal, the…
https://worldmaritimenews.com/archives/284069/teekay-accepts-improved-brookfield-merger-offer/
Teekay Offshore Orders Suezmax Shuttle Tanker from Samsung Heavy
The DP2 shuttle tanker is to be delivered in the first half of 2022.
Teekay Offshore Hires Advisors for Brookfield Offer
Teekay Offshore Partners hired an independent legal counsel and a financial advisor to evaluate the offer.
https://worldmaritimenews.com/archives/277804/teekay-offshore-hires-advisors-for-brookfield-offer/
Teekay Offshore Secures USD 450 Mn Shuttle Tanker Fleet Refinancing
Teekay Offshore Partners secured a new USD 450 million revolving credit facility for sixteen shuttle tankers.
Norway Sets Aside USD 165.5 Mn for Teekay Offshore’s Tankers
Teekay Offshore is to receive USD 165.5 million from Norway for four new shuttle tankers being built at SHI.
Teekay Offshore Agrees USD 100 Mn FPSO Fleet Refinancing
Teekay Offshore secured a new USD 100 million revolving credit facility for three of its FPSO units.
Teekay Agrees to Shed Remaining Stake in Teekay Offshore
Teekay is to sell remaining interests in Teekay Offshore Partners to Brookfield for USD 100 million.
Teekay Offshore Agrees USD 414 Mn Loan for Four Newbuildings
Teekay Offshore will finance four new LNG-fueled shuttle tankers, set for delivery in 2019 and 2020.
Samsung Heavy Launches First of Four Teekay E-Shuttle Tankers
Aurora Spirit is the first of four shuttle tankers to be built in South Korea.