Teekay Offshore Partners L.P. is an international provider of marine transportation, oil production and storage services to the offshore oil industry focusing on the fast-growing, deepwater offshore oil regions of the North Sea and Brazil. Teekay Offshore owns interests in shuttle tankers, floating production, storage and offloading (FPSO) units, floating storage and offtake (FSO) units and conventional oil tankers. Teekay Offshore has rights to participate in certain other FPSO and shuttle tanker opportunities provided by Teekay Corporation (NYSE: TK) and Sevan Marine ASA (Oslo Bors: SEVAN). A majority of Teekay Offshore's fleet trades on long-term, stable contracts and it is structured as a publicly-traded master limited partnership.
Teekay Offshore Partners' common units trade on the New York Stock Exchange under the symbol "TOO".
| Founded |
2006 |
| Corporate Head Office |
Bermuda |
| Country of Incorporation |
Marshall Islands |
| IPO |
December 14, 2006 |
| Listed |
NYSE |
| Symbol |
TOO |
| Distribution |
$0.5125 per unit per quarter |
| Stock Transfer Agent |
BNY Mellon, 1 866 230 2915, +1 201 680 6685 (Outside U.S.) |
| Chairman |
C. Sean Day |
| CEO |
Peter Evensen |
| Fleet |
37* Shuttle Tankers
5 Floating Storage and Offtake Units
3 Floating Production, Storage and Offloading Units
6 Conventional Tankers |
| Products Shipped/Stored |
Crude oil |
*Includes four shuttle tanker newbuildings scheduled for delivery in mid-to-late 2013.