Teekay Offshore Partners to Present at Investor Day

HAMILTON, BERMUDA--(Marketwired - Sept. 25, 2014) - Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) TOO today confirmed that it will present from approximately 10:30am to 11:30am (all times Eastern) at the Teekay 2014 Investor Day to be held on Tuesday, September 30 in the St. Regis Roof at The St. Regis New York, 2 East 55th Street, New York.

Those attending in person are invited to arrive for coffee and refreshments between 7:30am to 8:00am, after which Kenneth Hvid, Teekay Corporation's Chief Strategy Officer and a Teekay Offshore Director, and Ingvild Saether, President, Teekay Shuttle and Offshore Services, will present the Partnership's strategy, market outlook and financial position. The approximate schedule for management presentations during the Teekay 2014 Investor Day event is as follows:

                   Teekay Corporation           8:00am - 9:30am  
                  Teekay LNG Partners          9:30am - 10:15am  
                Teekay Offshore Partners       10:30am - 11:30am 
                     Teekay Tankers            11:30am - 12:00pm 

The presentation will be video webcast live on Teekay Offshore's website at www.investorday.teekay.com. For those unable to attend in person or listen to the live event, a video archive will be available at the same website following the live presentations.

About Teekay Offshore Partners L.P.

Teekay Offshore Partners L.P. is an international provider of marine transportation, oil production and storage services to the offshore oil industry focusing on the fast-growing, deepwater offshore oil regions of the North Sea and Brazil. Teekay Offshore is structured as a publicly-traded master limited partnership (MLP) and owns interests in 34 shuttle tankers (including two chartered-in vessels), five floating production, storage and offloading (FPSO) units, six floating storage and offtake (FSO) units (including one committed FSO conversion unit), one HiLoad Dynamic Positioning (DP) unit, four long-haul towing and anchor handling vessel newbuildings, three floating accommodation unit newbuildings and four conventional oil tankers. The majority of Teekay Offshore's fleet is employed on long-term, stable contracts. In addition, Teekay Offshore also has rights to participate in certain other FPSO, shuttle tanker and HiLoad DP opportunities provided by Teekay Corporation TK, Sevan Marine ASA (Oslo Bors:SEVAN) and Remora AS.

Teekay Offshore's common units trade on the New York Stock Exchange under the symbol "TOO".

FOR FURTHER INFORMATION PLEASE CONTACT:
Teekay Offshore Partners L.P.
Ryan Hamilton
Investor Relations Enquiries
+1 (604) 609-6442
www.teekayoffshore.com