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Laureate Archive | Alpha Order: L
Alden J. Laborde
Odeco/Tidewater, Inc
Alden J. Laborde
( - )
Inducted: 1985
Region: MidWest
Industry: Engineering
Alden Laborde made two major breakthroughs in the offshore oil business, and is one of the very few individuals to start two Big Board companies. Ocean Drilling & Exploration Co. operates offshore drilling rigs, started from Laborde's development of a radically new rig that could be moved from site to site. Tidewater Inc. provides marine transport services to the offshore oil business and was built around Laborde's design for an efficient supply ship. It had 290 vessels operating worldwide in the same year.