1975 Offshore oil and gas

Corporate
Marine Services

Swire entered the offshore oil and gas industry at a time when the price of crude oil had risen dramatically, leading to a huge increase in offshore exploration. Industry demand for anchor handling tug supply boats - used to tow, secure and service offshore oil rigs – far outstripped supply. The company formed a joint venture supply boat company, Swire Northern Offshore, which was renamed Swire Pacific Offshore (“SPO”) in 1980, after Swire bought out its joint venture partner, Northern Offshore.

1974 1972 1972 1966 1965 1965 1959 1959 1952-58 1950 1948 1948 1947 1946 1946 1941-45 1910-40 1907 1898 1882 1882 1872 1870 1868 1867 1866 1861 1854 1847 1816 1976 1977 1978 1979 1980 1982 1983 1985-86 1986 1987 1989 1990 1993 1994 1994 1996 1996 1998 1999 2002 2002 2004 2005 2006 2006 2006 2008 2010 2011 2011 2012 2012 2012-15 2013 2013 2013 2014 2014 2014 2014 2014 2015 2015 2016