NYSE, TOO - Teekay Offshore Partners LP
We are an international provider of marine transportation and storage services
to the offshore oil industry. We were formed as a Marshall Islands limited
partnership in August 2006 by Teekay Corporation (NYSE: TK), a leading provider
of marine services to the global oil and natural gas industries, to further
develop its operations in the offshore market. We plan to leverage the
expertise, relationships and reputation of Teekay Corporation and our controlled
affiliates to pursue growth opportunities in this market. As of December 31,
2007, Teekay Corporation, which owns and controls our general partner, owned a
57.75% limited partner interest in us.
We own a 26.0% interest in Teekay Offshore Operating L.P. (or OPCO), which owns
and operates the world?s largest fleet of shuttle tankers, in addition to
floating storage and offtake (or FSO) units and double-hull conventional oil
tankers. ...
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