Teekay Offshore Partners L.P.
Year founded
-
Country of origin
Bermuda
HQ country
Bermuda
Total deal value
Average deal value
Company industry
- Energy & Oil
M&A expertise
- -
Industry expertise
- Energy & Oil
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.