$577m deal: Solstad sells off dozens of North Sea vessels to Tidewater
The 37 platform support vessels primarily work in the North Sea.
Tidewater
Tidewater snaps up Swire, Angolan JV
Tidewater has set out an agreement to buy Swire Pacific Offshore for $190 million, creating the world’s largest offshore support vessel (OSV) fleet.
Expro finds new CFO in boss who helped Tidewater out of Chapter 11 bankruptcy
Oilfield services firm Expro has found a new chief financial officer in an executive who was “critical” in helping US firm Tidewater emerge from Chapter 11 bankruptcy.
North Sea needs ‘ruthless’ scrapping of older offshore vessels
The North Sea market has been told it needs a “ruthless” scrapping of older offshore vessels to avoid an oversupply.
Updated: RMT warns of 300 North Sea job losses post-Gulfmark acquisition
A trade union has called on the UK Government to intervene amid fears that hundreds of seafarers’ jobs are under threat.
Houston’s Tidewater buying GulfMark Offshore
Offshore energy services firm Tidewater Inc. is buying Houston rival GulfMark Offshore in an all-stock deal that combines two struggling companies that emerged from bankruptcy last year.
Tidewater files for chapter 11 bankruptcy
US based offshore service vessel provider Tidewater has filed a voluntary petition under Chapter 11 bankruptcy protection in the United States Bankruptcy Court.