Teekay Offshore Partners Announces Fourth Quarter 2019 Earnings Results Conference Call

Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO PR A, TOO PR B and TOO PR E) plan to release their financial results for the Fourth Quarter of 2019 before market open on Thursday, February 6, 2020.

All holders of Teekay Offshore securities and interested parties are invited to listen to the live conference call by choosing from the following options:

• By dialing:

Date	Time (ET)	Telephone Number (North America)	Telephone Number (International)	Conference Code
February 6, 2020	12:00 p.m.	1-800-367-2403	1-647-490-5367	3380755

• By accessing the webcast, which will be available on Teekay Offshore’s website at www.teekayoffshore.com at the time noted above (the archive will remain on the website for a period of one year).

Accompanying Fourth Quarter 2019 Earnings Presentation will also be available at www.teekayoffshore.com in advance of the conference call start time.

About Teekay Offshore

Teekay Offshore Partners L.P. is a leading international midstream services provider to the offshore oil production industry, primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil and the East Coast of Canada. Teekay Offshore has consolidated assets of approximately $4.9 billion, comprised of 56 offshore assets, including floating production, storage and offloading (FPSO) units, shuttle tankers (including six newbuildings), floating storage and offtake (FSO) units, long-distance towing and offshore installation vessels, and a unit for maintenance and safety (UMS). The majority of Teekay Offshore’s fleet is employed on medium-term, stable contracts. Brookfield privately owns Teekay Offshore.

Teekay Offshore’s preferred units trade on the New York Stock Exchange under the symbols “TOO PR A”, “TOO PR B” and “TOO PR E”, respectively.

For Investor Relations enquiries contact:

Jan Rune Steinsland, Chief Financial Officer Tel: [phone] Website: www.teekayoffshore.com