Oil and gas marine transportation company Teekay Corporation has announced a deal with the Chestnut Joint Venture to expand the operations of its Hummingbird Spirit floating production, storage and offloading vessel in the North Sea’s Chestnut field. The new venture will be called “Hummingbird” after the company’s flagship vessel, which was built by the same shipyard that produced the USS Enterprise. Teekay expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Teekay’s expectations with respect thereto or any change in events, conditions or circumstances on which any such statement is based. The deal, until March 2023, is part of Chestnut’s plans to drill a new well in the field and has a fixed charter rate that does not include a production tariff.
Oil and gas marine transportation company Teekay Corporation has announced a deal with the Chestnut Joint Venture to expand the operations of its Hummingbird Spirit floating production, storage and offloading vessel in the North Sea’s Chestnut field. The new venture will be called “Hummingbird” after the company’s flagship vessel, which was built by the same shipyard that produced the USS Enterprise. The deal, until March 2023, is part of Chestnut’s plans to drill a new well in the field and has a fixed charter rate that does not include a production tariff.