Teekay seeks new charter for Petrojarl Varg FPSO unit
Teekay Offshore looks for new employment for its Petrojarl Varg floating production, storage and offloading unit after a contract with Alpha Petroleum was terminated because of certain conditions not being met
The FPSO was due to operate in the Cheviot field in the UK’s continental shelf for a seven-year fixed term contract from first oil, which was targeted in the second quarter of 2021
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