Segment & Geographic Data
Quant-Grade Normalized Data
API & CSV Delivery
Knot Offshore Partners Lp's Business Segments
Knot Offshore Partners Lp's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
-
Largest Segment
-
Total Revenue
-
Regions Reported
-
Annual Results
Revenue by Product & Service Category -
- Time Charter and Bareboat Revenues99.1%
- Time Charter Revenues98.5%
- Bareboat Revenues0.6%
- Voyage Revenue0.1%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Time Charter and Bareboat Revenues | $ 361 | 99.1% |
| Time Charter Revenues | $ 359 | 98.5% |
| Bareboat Revenues | $ 2 | 0.6% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
1 more categories available
Sign in to unlock the full Knot Offshore Partners Lp dataset.
Description of Knot Offshore Partners Lp
We were formed to own and operate shuttle tankers under long-term charters. Our
primary business objective is to increase quarterly distributions per unit over
time by growing our business through accretive acquisitions of shuttle tankers
and by chartering our vessels pursuant to long-term charters with high quality
customers that generate long-term stable cash flows. All of the vessels in our
current fleet are chartered to Statoil, Transpetro, Repsol, BG Group, ExxonMobil
and ENI under long-term charters.
Knot Offshore Partners LP is a prominent player in the offshore energy sector, known primarily for operating a fleet of shuttle tankers and other offshore support vessels. The company focuses on providing maritime transportation and related services within the offshore oil and gas industry. Below is an extensive description of the segments, products, and services offered by Knot Offshore Partners LP.
Segments
Knot Offshore Partners operates primarily in the following segments:
1. Shuttle Tanker Services: This is the core segment of Knot Offshore Partners, where the company owns and operates a fleet of shuttle tankers. These vessels are specially designed to transport crude oil and other hydrocarbons from offshore production facilities to onshore refineries and distribution points. The service is crucial for regions where pipelines are impractical or economically unfeasible.
2. Offshore Support Services: In addition to transportation, Knot Offshore Partners is involved in providing support functions essential for offshore operations. This could include standby vessels, platform supply vessels (PSVs), and other types of marine support vessels used in various offshore activities, from drilling to installation of offshore platforms.
3. Project Cargo and Logistics: Knot Offshore may engage in specialized services that include the transport and logistics of heavy cargo related to offshore projects. This segment could involve coordinating the transportation of equipment and materials needed for offshore drilling or production activities.
Products
Knot Offshore Partners offers several types of products in its fleet, primarily categorized based on their design and functionality:
1. Shuttle Tankers: The flagship product of Knot Offshore Partners, these vessels are engineered for safe and reliable transportation of liquid hydrocarbons. They are equipped with advanced technologies for dynamic positioning and loading/unloading operations, which enable them to operate in challenging offshore environments.
2. Dynamic Positioning Vessels: Many of Knots shuttle tankers and support vessels feature dynamic positioning systems. This technology allows the vessels to maintain their position relative to the seabed and other structures without the need for anchors, providing a critical advantage during loading and unloading operations.
3. Multi-Purpose Offshore Support Vessels: These vessels can serve various functions, including the transport of personnel, equipment, and supplies to offshore platforms. They are designed for versatility and can be equipped with different tools that allow for additional offshore support tasks.
4. Barges and Tugs: While Knot Offshore is primarily focused on tankers, they may also own or operate specialized barges and tugboats to assist in logistics and support activities within offshore operations.
Services
Knot Offshore Partners provides a wide range of services tailored to meet the needs of clients in the offshore oil and gas industry:
1. Transportation Services: The primary service includes the transportation of crude oil and other hydrocarbons from offshore production facilities to refineries or terminals. This service is vital for ensuring the efficient transfer of resources and consists of scheduled or on-demand transportation based on client needs.
2. Ship Management: Knot Offshore also offers ship management services, which encompass the operational management of their vessels, including crew management, maintenance, compliance with safety regulations, and performance monitoring. This ensures that all vessels are operated efficiently and safely.
3. Emergency Response Services: The company may have protocols and capabilities in place for providing emergency response services in the event of oil spills or other maritime accidents. This could include coordination with local authorities and rapid mobilization of resources.
4. Consultancy Services: Knot Offshore may provide consultancy services related to offshore logistics, project planning, and operational efficiency, leveraging their expertise in the sector to help clients optimize their offshore operations.
5. Training Programs: A potential service offering could also include specialized training for maritime personnel, focusing on safety, operational protocols, and emergency procedures relevant to offshore activities.
Conclusion
Knot Offshore Partners LP operates in a highly specialized niche within the offshore energy sector, providing essential maritime transportation services through its fleet of shuttle tankers and support vessels. Their focus on safety, operational efficiency, and client satisfaction makes them a key partner for companies engaged in offshore oil and gas exploration and production. Through their various segments, products, and services, they cater to the evolving demands of the offshore market, ensuring that energy resources are transported and managed effectively and safely.
Segments
Knot Offshore Partners operates primarily in the following segments:
1. Shuttle Tanker Services: This is the core segment of Knot Offshore Partners, where the company owns and operates a fleet of shuttle tankers. These vessels are specially designed to transport crude oil and other hydrocarbons from offshore production facilities to onshore refineries and distribution points. The service is crucial for regions where pipelines are impractical or economically unfeasible.
2. Offshore Support Services: In addition to transportation, Knot Offshore Partners is involved in providing support functions essential for offshore operations. This could include standby vessels, platform supply vessels (PSVs), and other types of marine support vessels used in various offshore activities, from drilling to installation of offshore platforms.
3. Project Cargo and Logistics: Knot Offshore may engage in specialized services that include the transport and logistics of heavy cargo related to offshore projects. This segment could involve coordinating the transportation of equipment and materials needed for offshore drilling or production activities.
Products
Knot Offshore Partners offers several types of products in its fleet, primarily categorized based on their design and functionality:
1. Shuttle Tankers: The flagship product of Knot Offshore Partners, these vessels are engineered for safe and reliable transportation of liquid hydrocarbons. They are equipped with advanced technologies for dynamic positioning and loading/unloading operations, which enable them to operate in challenging offshore environments.
2. Dynamic Positioning Vessels: Many of Knots shuttle tankers and support vessels feature dynamic positioning systems. This technology allows the vessels to maintain their position relative to the seabed and other structures without the need for anchors, providing a critical advantage during loading and unloading operations.
3. Multi-Purpose Offshore Support Vessels: These vessels can serve various functions, including the transport of personnel, equipment, and supplies to offshore platforms. They are designed for versatility and can be equipped with different tools that allow for additional offshore support tasks.
4. Barges and Tugs: While Knot Offshore is primarily focused on tankers, they may also own or operate specialized barges and tugboats to assist in logistics and support activities within offshore operations.
Services
Knot Offshore Partners provides a wide range of services tailored to meet the needs of clients in the offshore oil and gas industry:
1. Transportation Services: The primary service includes the transportation of crude oil and other hydrocarbons from offshore production facilities to refineries or terminals. This service is vital for ensuring the efficient transfer of resources and consists of scheduled or on-demand transportation based on client needs.
2. Ship Management: Knot Offshore also offers ship management services, which encompass the operational management of their vessels, including crew management, maintenance, compliance with safety regulations, and performance monitoring. This ensures that all vessels are operated efficiently and safely.
3. Emergency Response Services: The company may have protocols and capabilities in place for providing emergency response services in the event of oil spills or other maritime accidents. This could include coordination with local authorities and rapid mobilization of resources.
4. Consultancy Services: Knot Offshore may provide consultancy services related to offshore logistics, project planning, and operational efficiency, leveraging their expertise in the sector to help clients optimize their offshore operations.
5. Training Programs: A potential service offering could also include specialized training for maritime personnel, focusing on safety, operational protocols, and emergency procedures relevant to offshore activities.
Conclusion
Knot Offshore Partners LP operates in a highly specialized niche within the offshore energy sector, providing essential maritime transportation services through its fleet of shuttle tankers and support vessels. Their focus on safety, operational efficiency, and client satisfaction makes them a key partner for companies engaged in offshore oil and gas exploration and production. Through their various segments, products, and services, they cater to the evolving demands of the offshore market, ensuring that energy resources are transported and managed effectively and safely.