Teekay Offshore Partners announced that it has declared options with Samsung Heavy Industries Co., Ltd. for the construction of two, Suezmax-sized, DP2 shuttle tanker newbuildings for a total fully-built-up cost of approximately $265 million.
This is the option for two additional vessels, in a contract signed in August this year.
These newbuildings will be constructed based on the company’s new Shuttle Spirit design, including fuel efficiency, emissions reduction and LNG propulsion technology.
Upon delivery in 2020, the vessels will join Teekay Offshore’s Contract of Affreightment (CoA) fleet in the North Sea.
“What makes me particularly proud is that these newbuildings, as well as the two shuttle tankers ordered in July 2017 to service Statoil’s needs in the North Sea, will set new standards for both fuel consumption and CO2 emissions,” commented Ingvild Sæther, President and CEO of Teekay Offshore Group Ltd.
