Teekay Petrojarl (Paperback)

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Teekay Petrojarl (OSE: PETRO) is the largest Floating Production Storage and Offloading (FPSO) operator in the North Sea with a daily production of 339,000 barrels of oil per day and a storage capacity of one million barrels of crude oil. Teekay Petrojarl operates five FPSO vessels, two shuttle tankers and one storage tanker.Teekay Petrojarl started off as Golar Nor Offshore and was part of Petroleum Geo-Services (PGS) 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.