Teekay Corporation announces the completion of the remaining conditions precedent relating to the previously announced Decommissioning Services Agreement (DSA) with CNR International (UK) Limited (CNRI), on behalf of the Banff joint venture, whereby Teekay has engaged CNRI to decommission the Company’s remaining subsea infrastructure located within the CNRI-operated Banff Field. As part of the DSA, …
The post Teekay Corporation Completes Banff Decommissioning Agreement first appeared on Hellenic Shipping News Worldwide.