The Company has reached an agreement with Hili Ventures to sell a portion of its oil and gas ship-to-ship transfer support services business, which also provides gas terminal management and gas consulting services, for approximately $26 million.
The delivery took place on November 6, 2019. The vessel is currently on her way to Sabetta for her first loading and will soon embark on her golden voyage.
Accordingly, Teekay LNG’s 50/50 joint venture with China LNG, which owns four on-the-water ARC7 LNG carriers and two ARC7 LNG carrier newbuildings, is also no longer classified as a “Blocked Person” under OFAC rules.
Teekay announced that it has entered into an agreement with the Chestnut Joint Venture, a joint venture between Spirit Energy Ltd. and Dana Petroleum Ltd., to extend the employment of the Hummingbird on the Chestnut field in the North Sea until March 2023.
Vladimir Voronin, named after the famous Soviet sea captain, we have recently taken final delivery of Vladimir Voronin HN 2431, the fourth in the series of our six Arc 7 ice-breaking LNG newbuilds.
The nominations for the new look Nor-Shipping Next Generation Ship Award have been revealed, with Yara Birkeland, the world’s first fully autonomous ship, battling against an array of innovative tanker concepts from AET, Teekay and Sovcomflot.
Teekay Offshore announced that it has secured a new $100 million revolving credit facility for the Piranema Spirit, Voyageur Spirit, and Petrojarl Varg FPSO units.
The 130,000 dwt vessels will operate on both LNG as the primary fuel and a mixture of LNG and recovered volatile organic compounds (VOCs) as a secondary fuel.
Teekay already has the Torben Spirit, named after our founder Torben Karlshoej. We also have the Axel Spirit, named after Torben’s brother and long-time Teekay Board member, Axel Karlsh