HAMILTON, BERMUDA--(Marketwired - Feb. 19, 2015) - Teekay Offshore Partners L.P. (NYSE:TOO) - Highlights Generated distributable cash flow of $50.0 million in the fourth quarter of 2014. Declared fourth quarter 2014 cash distribution of $0.5384 per common unit. In December 2014, awarded a new Brazil FPSO contract commencing in the first half of 2016 and acquired the Petrojarl I FPSO from Teekay Corporation to be upgraded for the project. In December 2014, agreed to acquire the Knarr FPSO unit from Teekay Corporation; the acquisition is expected to be completed in the first quarter of 2015, subject to the unit achieving first oil and commencing its charter contract. In October 2014,...
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