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.
Type | Public |
---|---|
NYSE: TDW Russell 2000 Component | |
Industry | Petroleum |
Founded | 1956 |
Founder | Laborde Family |
Headquarters | Houston, 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 |
Website | tdw.com |
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.[1]
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.[2]