Revenue From Contracts With Customers (Tables)

3 Months Ended

Mar. 31, 2025

Revenue from Contracts with Customers

Schedule of disaggregation of revenue

The following tables provide information about disaggregated revenue by contract duration and by market strategy (in thousands):

	Well				Shallow Water		Production		Intercompany		Total
	Intervention		Robotics		Abandonment		Facilities		Eliminations		Revenue
Three months ended March 31, 2025
Short-term	$	24,223	$	22,550	$	15,571	$	—	$	(52)	$	62,292
Long-term		174,151		28,492		1,247		19,837		(7,955)		215,772
Total	$	198,374	$	51,042	$	16,818	$	19,837	$	(8,007)	$	278,064
Three months ended March 31, 2024 (1)
Short-term	$	134,414	$	25,176	$	25,363	$	—	$	(6,327)	$	178,626
Long-term		76,886		25,133		1,490		24,152		(10,076)		117,585
Total	$	211,300	$	50,309	$	26,853	$	24,152	$	(16,403)	$	296,211

	Well				Shallow Water		Production		Intercompany		Total
	Intervention		Robotics		Abandonment		Facilities		Eliminations		Revenue
Three months ended March 31, 2025
Production maximization	$	96,962	$	24,726	$	1,076	$	19,837	$	(3,972)	$	138,629
Decommissioning		100,683		4,016		15,666		—		(4,035)		116,330
Renewables		—		16,774		76		—		—		16,850
Other		729		5,526		—		—		—		6,255
Total	$	198,374	$	51,042	$	16,818	$	19,837	$	(8,007)	$	278,064
Three months ended March 31, 2024 (1)
Production maximization	$	69,935	$	18,436	$	3,242	$	24,152	$	(10,878)	$	104,887
Decommissioning		141,278		5,412		23,611		—		(5,521)		164,780
Renewables		—		24,172		—		—		—		24,172
Other		87		2,289		—		—		(4)		2,372
Total	$	211,300	$	50,309	$	26,853	$	24,152	$	(16,403)	$	296,211

(1) For the three-month period ended March 31, 2024, $5.2 million have been removed from Well Intervention segment revenues and related intersegment eliminations. See Note 11 regarding this change in prior year reported segment information.