Tidewater Inc., incorporated on February 7, 1956, provides offshore service vessels and marine support services to the global offshore energy industry. The Company operates a fleet of marine service vessels. The Company operates through four segments: Americas, Asia/Pacific, Middle East/North Africa and Sub-Saharan Africa/Europe. Its Americas segment includes the activities of the Company's North American operations, which include operations in the United States Gulf of Mexico (GOM), and the United States and Canadian coastal waters of the Pacific and Atlantic oceans, as well as operations of offshore Mexico, Trinidad and Brazil. The Asia/Pacific segment includes its Australian and Southeast Asian and Western Pacific operations. The Middle East/North Africa segment includes its operations in the Mediterranean and Red Seas, the Black Sea, the Arabian Gulf and offshore India. The Company's Sub-Saharan Africa/Europe segment includes operations conducted along the East and West Coasts of Africa, as well as operations in and around the Caspian Sea, the North Sea, and certain other arctic/cold water markets.
The Company's vessels and associated vessel services provide support of various phases of offshore exploration, field development and production. The services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover and production activities; offshore construction, remotely operated vehicle (ROV) operations, and seismic and subsea support, and a range of specialized services, such as pipe and cable laying. The Company owns or charters (under sale-leaseback agreements) approximately 269 vessels (excluding over nine joint venture vessels, but including approximately 77 stacked vessels) and over eight ROVs available to serve the global energy industry. Of the Company's 269 vessels, approximately 104 are deepwater platform supply vessels (PSVs) or deepwater anchor handling towing supply (AHTS) vessels, and over 117 vessels are non-deepwater towing-supply vessels, which include both smaller PSVs and smaller AHTS vessels that primarily serve the jackup drilling market. Approximately 48 vessels are included within the Company's other vessel class, which primarily consists of crew boats and offshore tugs.
The Company's customers include international oil and natural gas exploration, field development and production companies (IOCs); independent exploration and production (E&P) companies; foreign government-owned or government-controlled organizations and other companies that explore for, develop and produce oil and natural gas (NOCs); drilling contractors, and other companies that provide various services to the offshore energy industry, including offshore construction companies, diving companies and well stimulation companies. The principal areas of the Company's operations include the United States GOM, the Arabian Gulf, the Mediterranean Sea, and areas offshore Australia, Brazil, India, Malaysia, Mexico, Norway, the United Kingdom, Thailand, Trinidad, and West and East Africa.
601 Poydras St Ste 1500
The company trades on NYSE exchange. The company headquarter is located in Louisiana, LA. The company was established in the 1956.| Ticker | TDW |
| Long Name | Tidewater Inc. |
| Short Name | Tidewater |