We
provide offshore marine services primarily to companies
involved in offshore exploration and production of oil and
natural gas. Our vessels
transport drilling materials, supplies and personnel to offshore
facilities, as well as move and position drilling structures. The
majority of our operations are conducted in the North Sea, with the
balance in offshore Southeast Asia, Brazil and West Africa. As of January 1,
2007 our fleet included 59 offshore supply vessels in various
markets throughout the world; 36 in the North Sea; 12 in
Southeast Asia; 4 in Brazil; 2 in the Mediterranean Sea;
2 offshore Mexico; 2 in India;
and 1 in West Africa.