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Wednesday, November 25, 2009, 11:21AM ET - U.S. Markets close in 4 hours and 39 minutes. Dow Up 0.37% Nasdaq Up 0.36%
Trico Marine Services Inc. (TRMA)At 11:05AM ET: 5.56   0.00 (0.00%)  
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Trico Marine Services Inc.
10001 Woodloch Forest Drive
Suite 610
The Woodlands, TX 77380
United States - Map
Phone: 713-780-9926
Fax: 713-780-0062
Web Site: http://www.tricomarine.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:2,022

BUSINESS SUMMARY 
Trico Marine Services, Inc., through its subsidiaries, provides subsea and marine support vessels to the offshore oil and gas industry. It operates in three segments: Subsea Services, Subsea Trenching and Protection, and Towing and Supply. The Subsea Services segment provides technology oriented subsea services, including inspection, maintenance, and repair services; survey and light construction support; decommissioning; onshore engineering work; post processing of survey data; and associated reporting. The Subsea Trenching and Protection segment offers subsea trenching and protection services for the burial of subsea transmission systems. This segment’s customers are primarily within the offshore oil and gas, power (electricity transmission systems), telecommunications (intercontinental and regional systems), and military industries. The Towing and Supply segment provides marine support services, which include the transportation of drilling materials, supplies, and crews to drilling rigs and other offshore facilities; towing drilling rigs and equipment; and support for the construction, installation, repair, and maintenance of offshore facilities. As of December 31, 2008, the company’s fleet together with vessels held in joint ventures consisted of 77 vessels, including 7 subsea platform supply vessels; 10 multi-purpose service vessels; 7 large capacity platform supply vessels; 6 large anchor handling, towing, and supply vessels; 38 supply vessels; 3 crew boats; 5 subsea trenching and protection vessels; and 1 line handling vessel. The company has operations in the North Sea, west Africa, Mexico, the Mediterranean, Brazil, and southeast Asia, as well as the Gulf of Mexico. Trico Marine Services, Inc. was founded in 1993 and is headquartered in Houston, Texas with additional offices in Haugesund, Norway; Darlington, the United Kingdom; Aberdeen, Scotland; and Lagos, Nigeria.
Key Statistics

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    CORPORATE GOVERNANCE 
    Trico Marine Services Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 92.7% of CGQ Universe companies and 69.2% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Joseph S. Compofelice , 60
    Exec. Chairman, Chief Exec. Officer and Pres
    $ 1.07M $ 0
    Mr. Geoff A. Jones , 52
    Chief Financial Officer and VP
    $ 392.00K $ 0
    Mr. D. Michael Wallace , 56
    Chief Exec. Officer of Eastern Marine Services Limited
    $ 432.00K $ 222.00K
    Mr. Rishi A. Varma , 36
    Chief Admin. Officer, VP, Director of Corp. Governance, Corp. Sec. and Gen. Counsel
    $ 392.00K $ 0
    Mr. Tomas R. Salazar , 46
    Global Director of Sales and Marketing
    $ 340.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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