Quarterly report [Sections 13 or 15(d)]

REVENUES (Tables)

v3.25.1
REVENUES (Tables)
3 Months Ended
Mar. 31, 2025
Revenue Recognition [Abstract]  
Schedule of Disaggregation of Revenue Revenues earned by each segment for the periods reflected in the table below were as follows (in thousands):
Three Months Ended March 31,
2025 2024
Offshore energy services(1)
$ 239,785  $ 229,895 
Government services 85,943  82,172 
Other services 24,802  25,027 
Total revenues $ 350,530  $ 337,094 
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(1)Includes revenues of approximately $1.6 million for the three months ended March 31, 2024, related to fixed wing revenues in Africa that were previously classified in Other Services.
Revenues from and payments to related parties for the periods reflected in the table below were as follows (in thousands):
Three Months Ended March 31,
2025 2024
Revenues from related parties $ 6,856  $ 7,121 
Payments to related parties $ 1,647  $ 1,086 
Schedule of Deferred Revenues
The Company’s deferred revenues were as follows (in thousands):
March 31,
2025
December 31,
2024
Short-term $ 23,348  $ 15,186 
Long-term 10,050  8,385 
Total deferred revenues $ 33,398  $ 23,571