v3.26.1
Restructuring and Demobilization Costs (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Summary of Restructurings Charges

As a result of the restructurings and the demobilization, the Company incurred the charges shown in the following table. Property, plant and equipment write-downs are included within impairment expenses in the consolidated statements of operations.

 

 

 

Restructuring and Demobilization Costs

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(In thousands)

 

 

(In thousands)

 

Severance and other personnel costs

 

$

 

 

$

3,116

 

 

$

427

 

 

$

5,982

 

Demobilization costs

 

 

 

 

 

1,822

 

 

 

 

 

 

2,573

 

Deferred financing costs write-off

 

 

 

 

 

 

 

 

 

 

 

6,173

 

Total

 

$

 

 

$

4,938

 

 

$

427

 

 

$

14,728