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Teekay Corporation Completes Banff Decommissioning Agreement | Hellenic Shipping News Worldwide

Teekay Corporation announces the completion of the remaining conditions precedent relating to the previously announced Decommissioning Services Agreement (DSA) with CNR International (UK) Limited (CNRI), on behalf of the Banff joint venture, whereby Teekay has engaged CNRI to decommission the Company’s remaining subsea infrastructure located within the CNRI-operated Banff Field. As part of the DSA, . ....

United Kingdom , Kenneth Hvid , Teekay Corporation , Services Agreement , International United Kingdom Limited , Decommissioning Services Agreement , Banff Field , ஒன்றுபட்டது கிஂக்டம் , டீக்கே நிறுவனம் , சர்வதேச ஒன்றுபட்டது கிஂக்டம் வரையறுக்கப்பட்டவை , பணபிபி புலம் ,

Teekay : May 27, 2021 Teekay Corporation Completes Banff Decommissioning Agreement


Teekay or
the Company) (NYSE:TK) announces the completion of the remaining conditions precedent relating to the previously announced Decommissioning Services Agreement (
DSA) with CNR International (UK) Limited (
CNRI), on behalf of the Banff joint venture, whereby Teekay has engaged CNRI to decommission the Company s remaining subsea infrastructure located within the CNRI-operated Banff Field. As part of the DSA, which is now in full effect, CNRI has assumed full responsibility for Teekay s remaining asset retirement obligations (
Phase II) for the above-mentioned facilities, which should enable CNRI to complete Teekay s Phase II work in conjunction with their other decommissioning work at the Banff Field in a more efficient manner. ....

United Kingdom , Ryan Hamilton , Kenneth Hvid , York Stock Exchange , Services Agreement , International United Kingdom Limited , Teekay Tankers Ltd , Teekay Corporation , New York Stock Exchange , Teekay Lng , Decommissioning Services Agreement , Banff Field , Teekay Tankers , Teekay Corporation Stock Exchange , Press Release , N Tk Mhy8564w1030 , ஒன்றுபட்டது கிஂக்டம் , ரியான் ஹாமில்டன் , யார்க் ஸ்டாக் பரிமாற்றம் , சர்வதேச ஒன்றுபட்டது கிஂக்டம் வரையறுக்கப்பட்டவை , டீக்கே டேங்கர்கள் லிமிடெட் , டீக்கே நிறுவனம் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் , டீக்கே ல்க் , பணபிபி புலம் , டீக்கே டேங்கர்கள் ,

Teekay Corporation Weathers Weak Shipping Markets | Hellenic Shipping News Worldwide


Teekay Corporation Weathers Weak Shipping Markets
Teekay Corporation yesterday reported results for the three months ended March 31, 2021. These results include the Company’s two publicly-listed consolidated subsidiaries, Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Daughter Entities), and all remaining subsidiaries and equity-accounted investments. Teekay, together with its subsidiaries other than the Daughter Entities, is referred to in this release as Teekay Parent. Please refer to the first quarter 2021 earnings releases of Teekay LNG and Teekay Tankers, which are available on Teekay’s website at www.teekay.com, for additional information on their respective results. ....

United States , Kenneth Hvid , Foinaven Fpsos , International Uk Limited , Teekay Corporation , Services Agreement , Teekay Tankers Ltd , Teekay Lng , Teekay Tankers , Daughter Entities , Teekay Parent , Teekay Parent Free Cash Flow , Free Cash Flow , Atlantic Basin , Suez Canal , Teekay Tanker , Decommissioning Services Agreement , Oak Spirit , Creole Spirit , Arwa Spirit , Laju Tanker , ஒன்றுபட்டது மாநிலங்களில் , சர்வதேச இங்கிலாந்து வரையறுக்கப்பட்டவை , டீக்கே நிறுவனம் , டீக்கே டேங்கர்கள் லிமிடெட் , டீக்கே ல்க் ,