Tidewater snaps up Swire, Angolan JV
Tidewater has set out an agreement to buy Swire Pacific Offshore for $190 million, creating the worldโs largest offshore support vessel (OSV) fleet.
Tidewater has set out an agreement to buy Swire Pacific Offshore for $190 million, creating the worldโs largest offshore support vessel (OSV) fleet.
Oilfield services firm Expro has found a new chief financial officer in an executive who was โcriticalโ in helping US firm Tidewater emerge from Chapter 11 bankruptcy.
The North Sea market has been told it needs a โruthlessโ scrapping of older offshore vessels to avoid an oversupply.
A trade union has called on the UK Government to intervene amid fears that hundreds of seafarersโ jobs are under threat.
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.
US based offshore service vessel provider Tidewater has filed a voluntary petition under Chapter 11 bankruptcy protection in the United States Bankruptcy Court.