Teekay Corporation Announces 3.5-Year Contract for the Hummingbird Spirit FPSO
Teekay Corporation Ltd. (TK)
Last teekay corporation ltd. earnings: 2/21 03:25 am
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teekay.com/investors/teekay-corporation
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Source: GlobeNewswire
VANCOUVER, British Columbia, Oct. 11, 2019 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) announced that it has entered into an agreement with the Chestnut Joint Venture, a joint venture between Spirit Energy Ltd. and Dana Petroleum Ltd., to extend the employment of the Hummingbird Spirit FPSO unit (Hummingbird) on the Chestnut field in the North Sea until March 2023. This contract extension was done in conjunction with the Chestnut Joint Venture’s plan to drill a new well at the Chestnut field. The new Hummingbird contract took effect on October 1, 2019 and is based on a fixed charter rate instead of the previous fixed charter rate plus oil production/price tariff. “We are pleased to announce this important multi-year FPSO contract extension for the Hummingbird in connection with our customer’s new drilling program, further extending the production of the field in the North Sea which originally commenced in 2008 and follows several contract extensions wi
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News
- Teekay Corporation Ltd. Reports Third Quarter 2024 Results; Declares a Special Dividend; and Announces New Share Repurchase ProgramGlobeNewswire
- Teekay Group to Announce Third Quarter 2024 Earnings Results on October 30, 2024GlobeNewswire
- Teekay Corporation Announces Update on $25 Million Share Repurchase Program and Announces New Share Repurchase ProgramGlobeNewswire
- Teekay Co. (NYSE: TK) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
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Sec Filings
- 11/1/24 - Form SC
- 11/1/24 - Form 6-K
- 10/30/24 - Form 6-K
- TK's page on the SEC website