KNOT Offshore Partners LP (KNOP)

Profile

https://www.knotoffshorepartners.com

KNOT Offshore Partners L.P. is a master limited partnership that owns, operates, and charters shuttle tankers engaged in the offshore oil production industry. The primary function of KNOT Offshore Partners is to serve as a vital link in the logistics chain of transporting crude oil from deepwater oil projects to available shore terminals or refineries. Shuttle tankers are specially designed to handle rough sea conditions and facilitate the uninterrupted transfer of oil from floating production storage and offloading units (FPSOs) and floating storage units (FSUs). This asset plays an essential role in the transportation segment of the energy sector, particularly in regions with substantial offshore oil activities, such as the North Sea and the Brazilian basin. By ensuring reliable transportation solutions, KNOT Offshore Partners supports the sustainability and efficiency of offshore oil production, making it a crucial component of international energy infrastructure. Headquartered in Aberdeen, Scotland, the company has carved out a niche in the global maritime industry, providing tailored services to some of the world’s leading oil and gas majors.