Teekay Corporation (NYSE: TK) is a global provider of marine transportation and offshore production solutions for the energy industry. Founded in 1973 and headquartered in Vancouver, Canada, Teekay designs, owns and operates a diversified fleet of tankers and floating production, storage and offloading (FPSO) units. The company specializes in the movement and storage of crude oil, liquefied natural gas (LNG) and liquefied petroleum gas (LPG), offering integrated services that range from tanker transport to offshore production and marine maintenance.
Teekay’s core business is organized into three operating segments. Its Tanker division operates crude oil carriers, including shuttle tankers that transport oil from offshore fields to shore terminals. The Gas division manages a fleet of LNG and LPG carriers, supporting the global liquefied gas trade. The Offshore division is engaged in the conversion, operation and maintenance of FPSOs, floating storage units (FSUs) and floating production regasification units (FPRUs), providing bespoke solutions for offshore oil and gas fields.
With operations spanning major energy regions—such as the North Sea, West Africa, the Americas and the Asia Pacific—Teekay serves national oil companies, international oil majors and commodity traders. The company maintains strategic offices in key maritime hubs, including Vancouver, London, Singapore and Oslo, and is led by an experienced executive team with deep industry expertise. Through long-term charter agreements and project partnerships, Teekay continues to evolve its fleet and service offerings to meet the changing needs of the global energy market.
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