Teekay secures shuttle tanker CoA with BP

Teekay Offshore Partners has secured a new three-year firm shuttle tanker contract of affreighment (CoA) with BP in the North Sea.

BP is the operator of the new Glen Lyon FPSO which will operate on the redeveloped Schiehallion oil field, west of Shetland in the UK sector of the North Sea.

A consortium, known as the Schiehallion co-venturers, consisting of BP, Shell and OMV Group, is the owner of the new FPSO and the Schiehallion and Loyal fields.