Quarterly report [Sections 13 or 15(d)]

REVENUES (Tables)

v3.26.1
REVENUES (Tables)
3 Months Ended
Mar. 31, 2026
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,
2026 2025
Offshore Energy Services
$ 254,333  $ 239,785 
Government Services 107,870  85,943 
Other Services 26,502  24,802 
Total revenues $ 388,705  $ 350,530 
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,
2026 2025
Revenues from related parties $ 7,608  $ 6,856 
Payments to related parties $ 1,294  $ 1,647 
Schedule of Deferred Revenues
The Company’s deferred revenues were as follows (in thousands):
March 31,
2026
December 31,
2025
Short-term $ 27,689  $ 22,440 
Long-term 34,893  31,503 
Total deferred revenues $ 62,582  $ 53,943