Tidewater (marine services)

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Tidewater, Inc.
Public
Traded as NYSETDW
Industry Petroleum
Founded 1955
Founder Laborde Family
Headquarters New Orleans, Louisiana, USA
Area served
Worldwide
Key people
Jeff Platt
(Chairman & CEO)

Revenue Increase US$ 1.39 billion (2008)
Increase $ 406.9 million (2008)
Total assets Increase $ 3.07 billion (2008)
Total equity Increase $ 2.24 billion (2008)
Number of employees
8,500 - Dec 2008
Website tdw.com
Garza Tide, one of company vessels

Tidewater, Inc. is a publicly traded international petroleum service company headquartered in New Orleans, Louisiana, U.S.. It operates a fleet of ships, providing vessels and marine services to the offshore petroleum industry.

Tidewater owns 350 vessels, the world's largest fleet of vessels serving the global offshore energy industry.

Tidewater created the "work boat" industry with its 1956 launch of the Ebb Tide, the world's first vessel tailor-made to support the offshore oil and gas industry. As of March 2015, the company has a fleet of 289 owned or chartered vessels (10 of which were owned by joint ventures).[1] Tidewater is the oldest, largest, and most experienced provider of the marine support services for the offshore oil industry.

Tidewater has a global footprint, with over 90% of its fleet working internationally in more than 60 countries. Around the world, Tidewater transports crews and supplies, tow and anchor mobile rigs, assists in offshore construction projects, and performs a variety of specialized marine support services.

Jeff Platt is the company's chairman and CEO. The company was founded in 1955 by a group of investors led by the Laborde family.[2]

Notes[edit]

  1. ^ Tidewater Financial Report / Form 10-K for fiscal year ended March 31, 2015, Item 1.
  2. ^ Tidewater official website, (accessed Dec. 22, 2009).

External links[edit]