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Teekay handed Brazil-bound floatel
Submitted by Paddy Harris on Tue, 2015-02-17 15:09
17th February 2015

The delivery triggers the payment of USD 10m to Sevan Marine no later than six months from the date of delivery
Teekay has commissioned the accommodation vessel for use by Petrobras offshore Brazil.
The transfer is in accordance with the agreement between Teekay Offshore Partners LP, Cefront Technology AS and Logitel Offshore Holdings AS announced on 12 July 2014.
The delivery triggers the payment of USD 10m to Sevan Marine no later than six months from the date of delivery.
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