Increased dividend for Teekay Corp. shareholders

Teekay Corporation’s Board of Directors has declared a cash dividend on its common stock of $0.31625 per share for the quarter ended December 31, 2014. The cash dividend is payable on January 30, 2015 to all shareholders of record as at January 20, 2015.

“Consistent with the new Teekay dividend policy announced in late-September 2014, we intend to increase Teekay’s cash dividend following the completion of the sale of the Petrojarl Knarr FPSO to Teekay Offshore Partners, which is subject to the FPSO unit achieving first oil,” said Peter Evensen, Teekay’s President and Chief Executive Officer.

“The offshore installation and testing of the Petrojarl Knarr on its North Sea field is progressing well. Depending on weather conditions and other factors, the Company currently expects to complete the sale of the Petrojarl Knarr FPSO following commencement of its charter contract with BG Group during the first quarter of 2015.”

The floating production storage and offloading unit is to be used on the Knarr field, where BG Norge AS is the operator. Teekay is responsible for operation of the FPSO. The Knarr field is in the North Sea, around 50 kilometres north-east of Snorre.

Share this article

Follow Offshore Energy Today

Events>

<< Apr 2018 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

9th SCADA World Summit 2018

The 4-day conference event’s key highlights will include case studies from leading energy & utilities companies, interactive discussions…

read more >

AIPN’s 2018 International Petroleum Summit (IPS)

The event features two full days of conference sessions, four pre-conference workshop offerings, a highly-rated structured Speed Networking…

read more >

Mozambique Mining, Oil & Gas and Energy Conference and Exhibition (MMEC 2018)

MMEC 2018 will continue to showcase and explore developments in our country’s thriving Oil & Gas, Mining and Energy sectors and to also focus…

read more >

The Offshore Technology Conference (OTC) 2018

The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply