Teekay LNG Partners prepares December vote to approve $6.2Bln deal for takeover by US Stonepeak
Teekay LNG Partners reported a jump in net income in the third quarter as the shipping company prepared for a December vote on a deal worth $6.2 billion to become the latest LNG fleet to be taken over by, or merged with, US equity fund interests.
Teekay LNG Partners reports fall in quarterly income but most vessels now fixed on charters through 2021
Teekay LNG Partners, whose gas group units own, charter or have stakes in 77 vessels, including 47 liquefied natural gas carriers and 30 liquefied petroleum gas or multi-gas vessels, reported lower third-quarter profits but was optimistic on the coming year.
Italian energy company Eni and new LNG importer Bahrain to broaden cooperation
Italian energy company Eni, with recent natural gas discoveries in nations such as Mozambique and Egypt, has signed an accord with the Gulf kingdom of Bahrain covering issues like LNG supply and exploration.
Teekay LNG emerges from the Iran sanctions mix-up to post record earnings as fleet expands
Teekay LNG Partners, the US-listed tanker fleet owner and operator of about 50 LNG vessels, reported record net earnings after an eventful third quarter when it was briefly caught up in the Iran oil sanctions issue amid the delivery of more LNG newbuilds and ahead of the start-up by year-end of the Bahrain regasification project.
Teekay LNG Partners swings to profit ahead of Bahrain FSU project start-up and more charters
Teekay LNG Partners, the US affiliate of the tanker fleet owner and operator of almost 50 LNG vessels, said it secured charters on three LNG carriers at attractive rates and was preparing to start the floating Bahrain LNG terminal in the Gulf as it swung to a net profit from a previous loss.
