Quarterly report [Sections 13 or 15(d)]

REVENUES (Tables)

v3.26.3
REVENUES (Tables)
9 Months Ended
Sep. 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 September 30, Nine Months Ended
September 30,
2026 2025 2026 2025
Offshore Energy Services
$ 256,016  $ 250,431  $ 771,967  $ 743,026 
Government Services 130,036  100,898  350,140  279,340 
Other Services 51,868  34,960  116,273  90,882 
Total revenues $ 437,920  $ 386,289  $ 1,238,380  $ 1,113,248 
Revenues from and payments to related parties for the periods reflected in the table below were as follows (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2026 2025 2026 2025
Revenues from related parties $ 7,295  $ 7,556  $ 22,928  $ 21,224 
Payments to related parties $ 1,330  $ 1,249  $ 3,958  $ 3,933 
Schedule of Deferred Revenues
The Company’s deferred revenues were as follows (in thousands):
September 30,
2026
December 31,
2025
Short-term $ 39,048  $ 22,440 
Long-term 36,963  31,503 
Total deferred revenues $ 76,011  $ 53,943