Offshore support vessels
This part of the business operates vessels that help oil and gas companies move people, equipment, supplies, and support services to offshore sites.
Customers
Oil and gas producers, drilling contractors, and offshore service companies.
Revenue Model
The company earns charter and hire fees for using its vessels and crews.
Oil and product tankers
This part carries crude oil and refined fuels by sea between ports, refineries, terminals, and storage sites.
Customers
Oil refiners, fuel distributors, commodity traders, and industrial shippers.
Revenue Model
The company makes money from freight charges and vessel charter agreements.
Floating storage and terminals
This part provides sea-based storage and transfer services for oil and fuel cargoes using vessels and related marine facilities.
Customers
Energy companies, fuel importers, traders, and terminal users.
Revenue Model
The company earns storage fees, handling fees, and service charges under contract.