Uncategorized

Teekay books extensions for FPSO duo. Eyeing future redeployment options

teekay

Teekay Offshore has won extensions for its FPSO duo Petrojarl Cidade de Rio das Ostras, and Voyageur Spirit in Brazil and the UK, respectively.

In Brazil, the national oil company Petrobras has elected to extend the contract the Ostras a least till November 2018.

Teekay Offshore revealed the extension news on Thursday while presenting its quarterly results.

Teekay said the extension with Petrobras had been agreed in July, adding that the Brazilian oil company would have further options to extend the charter until January at an increased rate relative to the option period of the previous contract extension.

Read more

 

Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s