Inactive Instrument

Teekay Offshore Partners L.P.

Equities

TOO

Oil & Gas Transportation Services

Teekay Offshore Partners L.P. Reduced Quarterly Common Unit Cash Distributions

January 09, 2019 at 03:57 am IST

Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced that the Partnership is reducing its quarterly common unit cash distributions to zero, down from $0.01 per common unit in previous quarters, in order to reinvest additional cash in the business and further strengthen its balance sheet.

Latest news about Teekay Offshore Partners L.P.

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Altera Infrastructure Wins Contracts with Eni for the Baleine Field	03/23/03	CI
Altera Infrastructure L.P. Emerged from Bankruptcy	06/23/06	CI
Third Amended Reorganization Plan Approved for Altera Infrastructure L.P.	04/22/04	CI
Third Amended Reorganization Plan Filed by Altera Infrastructure L.P.	03/22/03	CI
Second Amended Reorganization Plan and Third Amneded Disclosure Statement Filed by Altera Infrastructure L.P.	07/22/07	CI
Second Amended Disclosure Statement Conditionally Approved for Altera Infrastructure L.P.	07/22/07	CI
Final DIP Financing Approved for Altera Infrastructure L.P.	07/22/07	CI
First Amended Joint Reorganization Plan & Second Amended Disclosure Statement Filed by Altera Infrastructure L.P.	05/22/05	CI
Amended Disclosure Statement Filed by Altera Infrastructure L.P.	26/22/26	CI
Motion for Asset Sale Approved for Altera Infrastructure L.P.	01/22/01	CI
Joint Reorganization Plan & Disclosure Statement Filed by Altera Infrastructure L.P.	31/22/31	CI
Motion for Asset Sale Filed by Altera Infrastructure L.P.	25/22/25	CI
Interim DIP Financing Approved for Altera Infrastructure L.P.	16/22/16	CI
Motion for Joint Administration Approved for Altera Infrastructure L.P.	14/22/14	CI
Motion for Joint Administration Filed by Altera Infrastructure L.P.	12/22/12	CI
Altera Infrastructure L.P. Filed for Bankruptcy	12/22/12	CI
Altera Infrastructure L.P. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	05/22/05	CI
Altera Infrastructure L.P. Reports Earnings Results for the First Quarter Ended March 31, 2022	03/22/03	CI
Altera Infrastructure L.P. Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	03/22/03	CI
Altera Infrastructure L.P. Reports Earnings Results for the Full Year Ended December 31, 2021	03/22/03	CI
Aker Carbon Capture, Altera Infrastructure and Höegh Lng to Collaborate on Full Value-Chain Offerings for Carbon Capture and Storage	31/22/31	CI
Altera Infrastructure L.P. Enters into the First Supplemental Indenture	19/22/19	CI
Altera Infrastructure L.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	06/21/06	CI

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Company Profile

Altera Infrastructure LP, formerly Teekay Offshore Partners L.P., is a energy infrastructure services provider primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil and the East Coast of Canada. The Company operates shuttle tankers, floating production, storage and off-loading (or FPSO) units, floating storage and off-take (FSO) units, a unit for maintenance and safety (UMS) and long-distance towage and offshore installation vessels. The Company's segments include shuttle tanker segment, FPSO segment, FSO segment, Towage and UMS segment. The Company's fleet consists of approximately 32 shuttle tankers, including over two chartered-in vessels and approximately one HiLoad Dynamic Positioning (DP) unit, over seven FPSO units, approximately five FSO units, over 10 long-distance towing and offshore installation vessels, a UMS and over two conventional oil tankers.

Sector

Oil & Gas Transportation Services

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