Tidewater

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Welcome to Tidewater Tidewater is the leading provider of larger Offshore Service Vesselsto the global energy industry. With its large, modern vessel fleet, a global footprint, leading safety performance, a diverse and talented team, and over 65 years of experience providing marine support services, we’re serving customers who are operating in more remote, deeper, and…

Tidewater Inc. (Tidewater) is the owner and operator of the world’s largest Offshore Support Vessel (OSV) fleet. Established in 1956, Tidewater is anchored by its long heritage with over 65 years of experience supporting offshore energy exploration and production activities worldwide. Driven by our strive for excellence, Tidewater has evolved over the years, successfully completing financial restructuring in 2017 and acquiring offshore companies including GulfMark in 2018 and Swire Pacific Offshore in 2022. Tidewater pioneered the world’s first custom-build oil & gas service vessel, Ebb Tide in 1955. Today, our diverse fleet comprises over 200 vessels including Anchor Handling Towing Supply Vessels, Platform Supply Vessels, offshore tugs, specialty vessels, crew boats and floating storage vessels that are well-equipped with state-of-art technologies. They provide a myriad of high quality and cost-effective marine services. Tidewater aims to be the global leader in the offshore industry by upholding highest safety and operational standards and providing exceptional services to customers across the regions where we operate. We take pride in delivering these services in an honest, cost-efficient, profitable, and transparent manner for stakeholders, including employees, customers, capital sources, vendors, and local communities. People and vessels are our best assets. Our workforce comprises over 500 shore-based employees and 5,000 seagoing employees, highly skilled maritime professionals from diverse nationalities, backgrounds, and cultures. We care for our people, local communities, the environment and seek to comply with all applicable laws and regulations. We are committed to: • Operating safely, in compliance with all applicable laws • Minimizing environmental impacts • Developing the next generation of specialized marine support vessels • Preserving our financial strength through solid returns, a strong balance sheet and disciplined capital management

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2.7

Overall Excellence Rating

Industry

Transportation

Category

Offshore Support Vessels

ESG/Ethical Impact

For over 65 years, Tidewater has been at the forefront of the global offshore service industry driven by a simple goal: to provide outstanding service to our clients through the quality of our vessels and our operational excellence. Our tradition of excellence has led us to become an industry leader in offshore support. In addition, our goal is to build a sustainable, resilient, and responsible company with environmental, social, and governance (ESG) policies as the cornerstone of our corporate mission. After a challenging, lengthy downturn in the oil and gas industry driven by market forces and low commodity prices, followed by the COVID-19 pandemic, 2022 was a year marked by increased investment in offshore oil and gas development and a corresponding increase in the demand for our services. We were also pleased to complete the acquisition of Swire Pacific Offshore,oneofthemostrespectedop- erators in the OSV industry, in April 2022, which added 50 vessels to our fleet. We have worked diligently to integrate these vessels with our systems and processes and were pleased to announce their suc- cessful integration in February 2023. We believe in the importance surrounding the need to reduce emissions from our operations and we are committed to mak- ing this happen. As we complete the integration of the Swire Pacific Offshore personnel and fleet, we have set our focus on opportunities to improve operational efficiency and further test a range of possible solutions that will assist us in achievingourgoalofreducingourcarbon footprint. Measuring the success of these initiatives relies heavily on the quality of data we can acquire from our systems and assets. Throughout 2022, we continued to make meaningful progress in upgrading our fleet instrumentation and we com- pleted the implementation of a complete sustainability data management plat- form. This not only gives us the ability to lay the foundation for setting ESG targets but also ensures that we are prepared for third-party assurance.

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Awards Received

2023

Revenues

$979,100,000.00

Website Traffic

Employee Rating

3.3

Customer Rating

3.7

Company Size

1000-5000

ESG Risk Rating

2

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