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FAQ

About our Fleet

1. How many vessels and units comprise Teekay Offshore’s fleet?

For a current breakdown of the Teekay Offshore fleet, please see our Fleet Summary.

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2. What is a shuttle tanker?

A shuttle tanker is built to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries. They are often referred to as ‘floating pipelines' and are equipped with advanced onboard technology to ensure operations can be performed safely and reliably in the harshest offshore conditions.

Learn more at Shuttle Tanker 101

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3. What is an FPSO?

A floating production, storage and offloading (FPSO) unit is an offshore production facility, typically ship-shaped, deployed to produce, process, store and offload hydrocarbons from offshore fields. An FPSO may be connected to wells on the seafloor through risers or to a platform and is well-suited for deepwater oil fields in excess of 8,000 feet, where a fixed installation may not be feasible.

Learn more at FPSO 101

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4. What is an FSO?

An FSO is a floating storage and offtake unit, usually converted from conventional oil tankers and moored to the seabed. An FSO receives cargo from the production facility via a dedicated loading system, often offloading its cargo to a shuttle tanker for transport to shore.

Learn more at FSO 101

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5. How does it all fit together?


View the Offshore Value Chain

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Related Information

Investor Contact

Kent Alekson
investor.relations@teekayoffshore.com
Tel: +1 604 609 6442

Business Conduct Reporting

Anyone with a concern about questionable accounting, financial auditing, internal control or financial fraud related matters may file a report through the Business Conduct Reporting tool or toll-free hotline (in Canada and U.S.) at +1 877 507 8685.

Transfer Agent

BNY Mellon
Tel: +1 800 522 6645
Tel: +1 201 680 8660 (Outside U.S.)