Revenue From Contracts With Customers (Tables)

12 Months Ended

Dec. 31, 2024

Revenue from Contracts with Customers

Schedule of disaggregation of revenue

The following table provides information about disaggregated revenue by contract duration (in thousands):

	Well				Shallow Water		Production		Intercompany		Total
	Intervention		Robotics		Abandonment		Facilities		Eliminations		Revenue
Year ended December 31, 2024
Short-term	$	496,164	$	156,656	$	154,280	$	—	$	(6,782)	$	800,318
Long-term		333,698		141,022		32,699		88,709		(37,886)		558,242
Total	$	829,862	$	297,678	$	186,979	$	88,709	$	(44,668)	$	1,358,560
Year ended December 31, 2023
Short-term	$	443,332	$	133,740	$	241,416	$	—	$	(3,441)	$	815,047
Long-term		264,386		124,135		33,538		87,885		(35,263)		474,681
Total	$	707,718	$	257,875	$	274,954	$	87,885	$	(38,704)	$	1,289,728
Year ended December 31, 2022
Short-term	$	395,867	$	97,533	$	124,810	$	—	$	(635)	$	617,575
Long-term		112,464		94,388		—		82,315		(33,642)		255,525
Total	$	508,331	$	191,921	$	124,810	$	82,315	$	(34,277)	$	873,100

We provide services to our customers in the following markets that are key to our energy transition strategy: Production maximization, Decommissioning and Renewables. The following table provides information about disaggregated revenue by market strategy (in thousands):

	Well				Shallow Water		Production		Intercompany		Total
	Intervention		Robotics		Abandonment		Facilities		Eliminations		Revenue
Year ended December 31, 2024
Production maximization	$	408,791	$	117,207	$	8,469	$	88,709	$	(29,678)	$	593,498
Decommissioning		416,057		17,717		178,462		—		(14,272)		597,964
Renewables		—		152,306		—		—		—		152,306
Other		5,014		10,448		48		—		(718)		14,792
Total	$	829,862	$	297,678	$	186,979	$	88,709	$	(44,668)	$	1,358,560
Year ended December 31, 2023
Production maximization	$	228,649	$	103,692	$	13,825	$	87,885	$	(17,824)	$	416,227
Decommissioning		458,437		47,768		261,129		—		(18,690)		748,644
Renewables		—		99,861		—		—		—		99,861
Other		20,632		6,554		—		—		(2,190)		24,996
Total	$	707,718	$	257,875	$	274,954	$	87,885	$	(38,704)	$	1,289,728
Year ended December 31, 2022
Production maximization	$	302,409	$	66,068	$	9,059	$	82,315	$	(18,115)	$	441,736
Decommissioning		194,985		24,289		115,509		—		(14,977)		319,806
Renewables		635		82,793		—		—		(635)		82,793
Other		10,302		18,771		242		—		(550)		28,765
Total	$	508,331	$	191,921	$	124,810	$	82,315	$	(34,277)	$	873,100