BUSINESS

Deep water and harsh weather solutions in a growing FPSO market.

We are the largest operator of floating production, storage and offloading (FPSO) vessels in the North Sea and fourth largest leased FPSO operator globally.

Through conversions or newbuildings, we supply and operate FPSO vessels under long-term contract; two on the Norwegian shelf, three on the UK Continental shelf, and two off the coast of Brazil. All our production units are under medium to long-term contracts producing for oil and gas companies.

Our mission is to be the leader in FPSO operations in harsh and ultra-harsh environments, and a critical player in emerging offshore markets.

Learn more about our FPSO vessels;Petrojarl Varg FPSO, Petrojarl I FPSO, Petrojarl Foinaven FPSO, Petrojarl Cidade de Rio das Ostras FPSO, and Petrojarl Banff FPSO

Teekay Group

NYSE: TGP

Teekay LNG Partners L.P. generates stable cash flows from long-term fixed-rate contracts with strong counterparties. LNG demand is expected to grow by 50% by 2030

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NYSE: TOO

Teekay Offshore Partners L.P. generates stable cash flows from fixed-rate contracts and is the world’s largest owner and operator of shuttle contracts

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NYSE: TNK

Teekay Tankers Ltd. has a balanced chartering strategy of fixed-rate and sport market contracts that can pay a dividend in virtually any spot tanker market

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NYSE: TK

Teekay Corporation is financially strong with a unique business platform and leading positions in promising midstream marine growth sectors

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Contact

TEEKAY PETROJARL PRODUCTION AS
Beddingen 16
P.O. Box 482
N-7405 Trondheim
Norway
Email: trd.reception@teekay.com
Tel: +47 7398 3000
Fax: +47 7398 3010

NYSE: TGP 38.10 -0.26 -0.68% Volume: 113,439 February 22, 2012

TOO stock

NYSE: TOO 29.71 +0.18 +0.61% Volume: 165,741 February 22, 2012

TNK Stock

NYSE: TNK 4.25 -0.15 -3.41% Volume: 1,486,803 February 22, 2012

TK Stock

NYSE: TK 27.53 -0.04 -0.14% Volume: 344,676 February 22, 2012