September 6, 2014
In May 2013, Teekay Corporation and Salamander Energy of Thailand reached agreement on the supply of a Floating Storage and Offtake Vessel (FSO) unit at the Bualuang field in the Gulf of Thailand. The 1993-built shuttle tanker, the Navion Clipper, has been operated by Teekay for 20 years, which is typically the customer-imposed operating life of such a vessel. In this regard, Teekay contracted to convert the shuttle tanker into an FSO as well as to operate the refurbished vessel.

