"These new, strategic long-term shuttle tanker contracts mark Teekay Offshore's entrance into the growing Eastern Canada offshore oil production market, which is a focal point for Canadian oil and gas development. Teekay Offshore now has a leading market position in all three DP shuttle tanker basins, including the North Sea, Brazil and now the East Coast of Canada. I am pleased that we continue to secure new, accretive growth in our offshore logistics business, which increases the partnership's growth pipeline to $3.7bn of capital projects and extends our growth into late-2017 and 2018."