Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Revenue from Contract with Customer Excludes Leasing

Revenues from contracts with customers (excludes leasing) consisted of the following:

	Three months ended
	March 31,
	2023		2022
	(In thousands)
Revenues:
Products:
Subsea products	$	46,117	$	46,304
Well construction		13,129		9,338
Total products		59,246		55,642
Services:
Subsea services		16,487		13,157
Well construction services		4,794		4,342
Total services		21,281		17,499

Schedule of Contract Asset and Liability

Balances related to contracts with customers consisted of the following:

Contract Assets (amounts shown in thousands)

Contract Assets at December 31, 2022	$	138,592
Additions		180,755
Transfers to Trade Receivables, Net		(176,410	)
Contract Assets at March 31, 2023	$	142,937

Contract Liabilities (amounts shown in thousands)

Contract Liabilities at December 31, 2022	$	6,824
Additions		5,065
Revenue Recognized		(6,107	)
Contract Liabilities at March 31, 2023	$	5,782