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,
20262025
Offshore Energy Services
$254,333 $239,785 
Government Services107,870 85,943 
Other Services26,502 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,
20262025
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-term34,893 31,503 
Total deferred revenues$62,582 $53,943