Teekay Petrojarl

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.

It was owned by Teekay, a large operator of tankers until purchased by Brookfield Asset Management, becoming Altera Infrastructure.

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.