Tidewater (marine services)

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

Tidewater, Inc.
Public
Traded asNYSE: TDW
Russell 2000 Component
IndustryPetroleum
Founded1956
FounderLaborde Family
HeadquartersHouston, Texas, USA
Area served
Worldwide
Key people
John Rynd
(President, CEO & Director)

Revenue US$ 979 million (2016)
$ -69 million (2016)
Total assets $ 4.06 billion (2016)
Total equity $ 2.3 billion (2016)
Number of employees
6,550 - March 2016
Websitetdw.com
Garza Tide, one of the company vessels

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. Today, Tidewater is the leading and most experienced provider of OSVs in the global energy 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.

Quintin V. Kneen is the company's President, CEO & Director. The company was founded in 1956 by a group of investors led by the Laborde family.[1]

Notes
  1. Tidewater official website, (accessed Dec. 22, 2009).


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.