About Teekay Offshore Partners
| Teekay Offshore Partners L.P. Teekay Offshore Partners L.P. (NYSE: TOO), a Marshall Islands partnership recently formed by Teekay Corporation (NYSE: TK), is an international provider of marine transportation and storage services to the offshore oil industry. Teekay Offshore Partners owns a 51.0% interest in and controls Teekay Offshore Operating L.P., a Marshall Islands limited partnership with a fleet of 35 shuttle tankers (including 6 chartered-in vessels), five floating storage and offtake units, one floating production, storage and offtake unit and 11 conventional crude oil Aframax tankers. Teekay Offshore Partners L.P. also has rights to participate in certain floating production, storage and offloading (FPSO) opportunities involving Teekay Petrojarl ASA. |