- Business
- Gulfmark Offshore, Inc. (GLF) operates as a provider of offshore support vessels primarily serving the oil and gas industry in the U.S. Gulf of Mexico and other international regions. The company owns and operates a fleet of anchor handling towing supply (AHTS) vessels, platform supply vessels (PSVs), and crewboats designed for towing, anchor handling, supply transport, and personnel transfer to offshore platforms and rigs; it also offers management services for third-party vessels. Founded in 1955 and headquartered in Houston, Texas, Gulfmark focuses on contract-based operations targeting exploration, development, and production companies in harsh-environment offshore markets including the North Sea, Southeast Asia, and West Africa.[web:previous]
In recent years, Gulfmark underwent significant strategic changes, including its acquisition by Tidewater Inc. in 2018, which integrated its fleet into a larger global platform and led to delisting from major exchanges while maintaining operational focus under the combined entity. The company expanded its fleet capabilities through this merger, enhancing scale and market presence amid industry consolidation. No major new partnerships, funding rounds, or product launches have been reported in the last 1-2 years, reflecting stabilized operations post-acquisition in a recovering offshore energy sector.[web:previous]