Teekay Offshore Partners L.P.

Year founded

-

Country of origin

Bermuda

HQ country

Bermuda

Total deal value

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Average deal value

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Company industry

  • Energy & Oil

M&A expertise

  • -

Industry expertise

  • Energy & Oil
Company background

Teekay Offshore Partners L.P. (NYSE:TOO) 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. TOO is structured as a publicly-traded master limited partnership (MLP). The majority of Teekay Offshore's fleet is employed on long-term, stable contracts. In addition, TOO has rights to participate in certain other FPSO, shuttle tanker and HiLoad DP opportunities provided by Teekay Corporation (NYSE:TK), Sevan Marine ASA (Oslo Bors:SEVAN) and Remora AS.

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