Teekay Petrojarl

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Teekay Petrojarl
Company typePublic
Founded1974 (Golar Nor Offshore)
HeadquartersTrondheim, Norway
Key people
Peter Lytzen (CEO)
ProductsFloating Production Storage and Offloading
Number of employees
ca.1,000 (2012)
ParentTeekay Corporation (TK)

Teekay Petrojarl was the largest Floating Production Storage and Offloading (FPSO) operator in the North Sea with a daily production of 339,000 barrels of oil per day and a storage capacity of 1 million barrels (160,000 m3) of crude oil. Teekay Petrojarl operated five FPSO vessels, two shuttle tankers and one storage tanker. It was owned by Teekay, a large operator of tankers until purchased by Brookfield Asset Management, becoming Altera Infrastructure.


Petrojarl Banff at Blohm + Voss shipbuilding works in Hamburg 2013
Oil Field Country Licensee Vessel Status
Glitne (Shutdown) Norway StatoilHydro Petrojarl I FPSO Operational Brazil, Atlanta
Varg (Shutdown) Norway Talisman Energy Petrojarl Varg FPSO Yard for India, PY-03
Knarr (Shutdown) Norway Shell Petrojarl Knarr FPSO Yard for UK, Rosebank
Gina Krog Norway Statoil Randgrid FSO Operational
Foinaven (Shutdown) United Kingdom BP Petrojarl Foinaven FPSO Scrapped
Banff (Shutdown) United Kingdom Canadian Natural Resources Petrojarl Banff FPSO Scrapped
Chestnut (Shutdown) United Kingdom Centrica Sevan Hummingbird FPSO Yard for UK, Excalibur
Huntington (Shutdown) United Kingdom Premier Oil Voyageur Spirit FPSO Laidup Kishorn
Tartaruga Verde Brazil Petrobras Petrojarl Cidade de Rio das Ostras FPSO Scrapped
Baúna field Brazil Petrobras Cidade de Itajai FPSO Operational
Libra field Brazil Petrobras Pioneiro De Libra FPSO Operational
Piranema field Brazil Petrobras Piranema Spirit FPSO Laidup Angra Dos Reis
Bacia de Campos Brazil Petrobras Arendal Spirit Flotel Operational (worldwide)
Al Rayyan field Qatar QatarEnergy Falcon Spirit FSO Scrapped
Bualuang field Thailand Salamander Energy Suksan Salamander FSO Operational


Teekay Petrojarl started off as Golar Nor Offshore and was part of Petroleum Geo-Services (PGS) in 1998 when it acquired Golar-Nor and two FPSO vessels, Petrojarl I and Petrojarl Foinaven. Within a year two more vessels were delivered Petrojarl Banff and Petrojarl Varg. In 2005 the company acquired the shuttle tanker Rita Knutsen with possibilities for FPSO conversion. In 2007, the Russian tanker Che Guevara was converted into FPSO Petrojarl Cidade de Rio das Ostras by the Polish Remontowa S.A.[citation needed]

Petrojarl ASA was demerged from Petroleum Geo-Services in 2006 and listed on Oslo Stock Exchange in June. Teekay acquired majority ownership in December and Petrojarl ASA became Teekay Petrojarl ASA.[citation needed]

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