Quarterly report [Sections 13 or 15(d)]

REVENUES (Tables)

v3.26.1
REVENUES (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [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 June 30, Six Months Ended
June 30,
2026 2025 2026 2025
Offshore Energy Services
$ 261,618  $ 252,810  $ 515,951  $ 492,595 
Government Services 112,234  92,499  220,104  178,442 
Other Services 37,903  31,120  64,405  55,922 
Total revenues $ 411,755  $ 376,429  $ 800,460  $ 726,959 
Revenues from and payments to related parties for the periods reflected in the table below were as follows (in thousands):
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Revenues from related parties $ 8,026  $ 6,813  $ 15,634  $ 13,669 
Payments to related parties $ 1,334  $ 1,037  $ 2,628  $ 2,684 
Schedule of Deferred Revenues
The Company’s deferred revenues were as follows (in thousands):
June 30,
2026
December 31,
2025
Short-term $ 30,175  $ 22,440 
Long-term 40,081  31,503 
Total deferred revenues $ 70,256  $ 53,943