Tidewater (marine services)

From Wikipedia, the free encyclopedia
Jump to: navigation, search
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 Decrease US$ 979 million (2016)
Decrease $ -69 million (2016)
Total assets Decrease $ 4.06 billion (2016)
Total equity Decrease $ 2.3 billion (2016)
Number of employees
6,550 - March 2016
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 or charters 269 vessels as of March 2016.[1]

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).[2] 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.[3]

Notes[edit]

  1. ^ Tidewater 2016 Annual Report
  2. ^ Tidewater Financial Report / Form 10-K for fiscal year ended March 31, 2015, Item 1.
  3. ^ Tidewater official website, (accessed Dec. 22, 2009).

External links[edit]