INTERVIEW-Tidewater looking at Superior Offshore assets -CEO

Tue Apr 8, 2008 9:20pm BST
 
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NEW ORLEANS, April 8 (Reuters) - The chief executive officer of Tidewater Inc (TDW.N) on Tuesday said his company is evaluating assets from Superior Offshore International Inc DEEP.O, which last week warned of limited liquidity.

"We've had some people bring Superior to our attention," Tidewater CEO Dean Taylor told Reuters. "It's something we are evaluating."

Taylor said the process was in the very early stages for Tidewater, which is the world's largest provider of offshore supply boats to the energy industry.

On April 1, Superior Offshore, which provides subsea construction and commercial diving services, said it hired the investment back of Tudor, Pickering, Holt & Co. to explore strategic alternatives, including a possible sale.

 

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