Welcome to our dedicated page for Tidewater news (Ticker: TDW), a resource for investors and traders seeking the latest updates and insights on Tidewater stock.
Tidewater Inc (NYSE: TDW) delivers essential marine support services for global energy projects through its modern fleet of offshore vessels. This news hub provides investors and industry professionals with direct access to official company announcements and operational updates.
Find timely updates on strategic initiatives, fleet deployments, and partnership developments critical to offshore energy operations. Our curated collection includes press releases covering contract awards, safety milestones, and sustainability efforts across all operational regions.
Key content categories include quarterly earnings disclosures, vessel acquisition announcements, and operational updates from major energy basins. Track Tidewater's role in supporting both traditional hydrocarbon projects and emerging renewable energy installations.
Bookmark this page for streamlined access to Tidewater's latest corporate developments. Combine these verified updates with market analysis tools to better understand marine service sector dynamics.
Tidewater Inc. (NYSE: TDW) announced an agreement to acquire 37 platform supply vessels (PSVs) from Solstad Offshore ASA for $577 million. This acquisition positions Tidewater as the largest operator of high-specification PSVs, enhancing its fleet to a total of 228 vessels, with a focus on sustainability through a hybrid fleet that includes battery and LNG-capable vessels. The acquired vessels have a backlog of approximately $620 million, expected to contribute to cash flow as contracts mature. The transaction, approved by Tidewater’s Board, is set to close in Q2 2023, subject to regulatory approvals.
FAQ
What is the current stock price of Tidewater (TDW)?
What is the market cap of Tidewater (TDW)?
