Tidewater to buy Gulfmark and form the largest OSV (Offshore Support Vessel) fleet in the world.

Tidewater to buy Gulfmark and form the largest OSV (Offshore Support Vessel) fleet in the world.

The newly created firm will have the largest fleet in the industry and will save Tidewater $30 million by the fourth quarter of 2019, the companies said. The 1.3 billion dollar deal will also allow Tidewater to expand in the North Sea.

Tidewater has over 60 years of experience supporting offshore energy exploration and production activities worldwide.

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