Alpha Petroleum enters into FEED study agreement for Teekay Offshore’s Varg FPSO

Alpha Petroleum Resources Limited, an upstream oil and gas operator focused on the UK sector of the North Sea and backed by private equity firm Petroleum Equity, has entered into a Front-End Engineering and Design (FEED) study agreement with Teekay Offshore Partners L.P. for its Varg Floating Production Storage and Offloading (FPSO) unit. More »