US-listed Teekay Offshore Partners can focus on new opportunities after settling two legal disputes.
The company said this week it had paid a combined $47m to end an arbitration related to an FPSO and another dispute regarding an FSO.
"We are very pleased to have these two previously reported disputes behind us and given that the total combined amounts at dispute (including claimed purchase price discounts) was in excess of $250m," it told TradeWinds.
