Tidewater (marine services)
Public | |
Traded as | NYSE: TDW |
Industry | Petroleum |
Founded | 1955 |
Founder | Laborde Family |
Headquarters | New Orleans, Louisiana, USA |
Area served | Worldwide |
Key people |
Jeff Platt (Chairman & CEO) |
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 |
Website | tdw.com |
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
- ↑ Tidewater 2016 Annual Report
- ↑ Tidewater Financial Report / Form 10-K for fiscal year ended March 31, 2015, Item 1.
- ↑ Tidewater official website, (accessed Dec. 22, 2009).