Tidewater Staying in New Orleans for Now

Summary


Tidewater President Dean Taylor gave the Crescent City an early Christmas present in late November when he said the headquarters of the world's largest fleet of vessels serving the offshore energy industry would remain in place for the time being.

Taylor, citing quality of life concerns and a harsh business climate as disincentives to remaining, was considering taking his headquarters to Houston as so many other energy companies have already done.

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Extract


Tidewater Staying in New Orleans for Now

"We have a lot of sympathy for the city but our shareholders don't pay us to have sympathy," Taylor said. "...

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