Teekay Petrojarl


Teekay Petrojarl is the largest Floating Production Storage and Offloading operator in the North Sea with a daily production of 339,000 barrels of oil per day and a storage capacity of of crude oil. Teekay Petrojarl operates five FPSO vessels, two shuttle tankers and one storage tanker. It is owned by Teekay, a large operator of tankers.

Operations

Oil FieldCountryShipLicensee
GlitneNorwayPetrojarl I StatoilHydro
VargNorwayPetrojarl Varg Talisman Energy
FoinavenUnited KingdomPetrojarl FoinavenBP
BanffUnited KingdomPetrojarl Banff Canadian Natural Resources
ChestnutUnited KingdomHummingbird SpiritCentrica
HuntingtonUnited KingdomVoyageur Spirit Premier Oil plc.
EspadarteBrasilPetrojarl Cidade de Rio das Ostras Petrobras
Tiro e SidonBrasilCidade de ItajaiPetrobras
Piranema oil fieldBrasilPiranema SpiritPetrobras
Bacia de CamposBrasilArendal SpiritPetrobras

History

Teekay Petrojarl started off as Golar Nor Offshore and was part of Petroleum Geo-Services in 1998 when it acquired Golar-Nor and two FPSO vessels, Petrojarl I and Petrojarl Foinaven. Within a year two more vessels were delivered Petrojarl Banff and Petrojarl Varg. In 2005 the company acquired the shuttle tanker Rita Knutsen with possibilities for FPSO conversion. In 2007, the Russian tanker Che Guevara was converted into FPSO Petrojarl Cidade de Rio das Ostras by the Polish Remontowa S.A..
Petrojarl ASA was demerged from Petroleum Geo-Services in 2006 and listed on Oslo Stock Exchange in June. Teekay acquired majority ownership in December and Petrojarl ASA became Teekay Petrojarl ASA.