Samsung Heavy Industries (SHI) has placed a price tag onto a pair of shuttle tankers ordered by Teekay Offshore Partners.

The South Korean shipbuilder said in a regulatory filing that the two ships will cost KRW 309.2bn ($274.1m).

Teekay Offshore revealed the order as it announced a new partnership with Brookfield Business Partners in July.

The suezmax newbuildings will feature technologies to increase fuel efficiency and reduce emissions, including LNG propulsion.