Type Public Area served Worldwide Founder Laborde Family | Industry Petroleum Revenue US$ 979 million (2016) Founded 1955 | |
Traded as NYSE: TDW
S&P 600 Component Key people Jeff Platt
(Chairman & CEO) Stock price TDW (NYSE) US$ 1.07 +0.05 (+4.39%)31 Mar, 2:58 PM GMT-4 - Disclaimer Headquarters New Orleans, Louisiana, United States Subsidiaries Tidewater Marine International Inc | ||
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.
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). 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.