Tidewater, Inc.
| Tidewater owns and operates the world's largest fleet serving the international offshore energy industry. Tidewater vessels can be found in virtually every area of the world where there is significant oil and gas exploration, development or production. These provide a wide range of services including: transporting crews and supplies between the mainland and offshore locations; towing and positioning mobile drilling rigs; assisting in offshore construction projects; and a variety of specialized services including cable laying and 3-D seismic work. |
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Recent Articles
Tidewater Posts First Quarter Results for Fiscal 2010
Wednesday, July 29, 2009 - Tidewater has announced first quarter net earnings for the period ended June 30, 2009, of $44.5 million, or $0.86 per share, on revenues of $326.6 million.
Tuesday, July 21, 2009 - PDVSA has yet to initiate a valuation process for the 74 foreign and local oil services companies the government has nationalized since May.
Tidewater Declares Quarterly Dividend on Common Stock
Thursday, July 09, 2009 - Tidewater has declared a quarterly dividend of $.25 per share on the company's approximately 51.7 million shares of common stock outstanding.
Tidewater Declares Authorization to Repurchase Common Stock
Thursday, July 09, 2009 - Tidewater's Board authorized the Company to spend up to $200 million to repurchase shares of its common stock in open-market or privately-negotiated transactions.
Tidewater Reports Q4 Results, Year End Earnings for Fiscal '09
Wednesday, May 13, 2009 - Tidewater announced today fourth quarter net earnings for the period ended March 31, 2009 of $109.7 million on revenues of $341.6 million.
AETI Alliance Group to Service Brazilian Offshore Drilling, Marine Markets
Thursday, December 04, 2008 - American Electric Technologies will provide offshore services to the Brazilian offshore drilling and marine markets.
Tidewater Sails Out of Quarter with $95.4MM Net
Monday, October 27, 2008 - Tidewater has announced its second quarter net earnings for the period ended September 30, 2008, of $95.4 million on revenues of $346.8 million.
Tidewater Promotes Lundstrom to Executive VP, General Counsel
Monday, August 04, 2008 - Tidewater announced the promotion of Bruce D. Lundstrom to Executive Vice President, General Counsel and Secretary.
Tidewater Reports Earnings
Wednesday, October 17, 2007 - Tidewater Inc. said that its fiscal second quarter financial results for the three months ended September 30, 2007, are estimated to be between $1.54 - $1.57 on a fully diluted per share basis.
Audit Committee Widens Internal Investigation at Tidewater
Thursday, October 04, 2007 - Tidewater's Audit Committe has engaged special cousel to conduct an internal investigation into the legality, under the FCPA, of its Nigerian affiliate's reimbursement of certain payments made by a 3rd party agent to procure temporary Permits.
James Day Elected to Tidewater Board
Thursday, September 06, 2007 - Tidewater has elected James C. Day to its Board of Directors for a term expiring in July 2008.
Tidewater Declares Quarterly Common Stock Dividend
Tuesday, August 21, 2007 - Tidewater has declared a quarterly dividend of $.15 per share on Tidewater's approximately 55.8 million shares of common stock outstanding.
Justice Department Probing Oil Operations in Nigeria
Wednesday, July 25, 2007 - The U.S. Justice Department is conducting a criminal inquiry of nearly a dozen oil and oil-services companies, focusing on potentially illegal payments to customs agents who provided freight forwarding and other services in Nigeria.
Tidewater Promotes Demarest to VP
Tuesday, June 05, 2007 - Tidewater Inc. recently announced the promotion of Craig J. Demarest to Vice President. The promotion was effective as of May 31, 2007.
Canadian Superior: Kan Tan IV Arrives Early in Trinidad
Tuesday, May 29, 2007 - Canadian Superior Energy Inc. said that the semi-submersible drilling rig the Kan Tan IV arrived earlier than expected in Trinidad on May 28.
Laborde to Step Down from Tidewater
Friday, May 04, 2007 - Tidewater Inc. said Friday that Cliffe F. Laborde, the Company's Executive Vice President, Secretary and General Counsel, has advised that he will leave the Company effective June 29, 2007, to pursue personal business opportunities.
Tidewater Posts Higher Earnings for Q4, Full Year
Thursday, April 26, 2007 - Tidewater Inc. on Thursday announced fourth quarter net earnings for the period ended March 31, 2007, of $87.6 million, or $1.56 per share, on revenues of $293.5 million.
Tidewater Investigating Nigerian Ops
Thursday, April 26, 2007 - Tidewater Inc. is conducting an internal investigation of its Nigerian operations focusing on the legality of the reimbursement of certain expenses incurred by a customs agent in connection with obtaining permits for vessels to operate offshore.
Tidewater Honors Late Oilman with New Vessel
Monday, August 21, 2006 - Tidewater Inc. reported the christening Monday of one of its new vessels, the M/V PAT TAYLOR, named in honor of the late New Orleans businessman, Patrick F. Taylor.
Tidewater Sells Tugs to Crosby Marine
Friday, August 18, 2006 - Tidewater Inc. on Thursday announced the closing on the sale of ten offshore tugs for a total cash price of $31.5 million.
