Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 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				Nine months ended
	September 30,				September 30,
	2023		2022		2023		2022
	(In thousands)
Revenues:
Products:
Subsea products	$	55,427	$	48,480	$	146,123	$	144,229
Well construction		22,176		10,028		46,554		31,900
Total products	$	77,603	$	58,508	$	192,677	$	176,129
Services:
Subsea services	$	17,412	$	15,806	$	50,230	$	43,748
Well construction services		9,802		4,637		21,998		13,790
Total services	$	27,214	$	20,443	$	72,228	$	57,538

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		147,250
Transfers to Trade receivables, net		(137,423	)
Contract assets at September 30, 2023	$	148,419

Contract Liabilities (amounts shown in thousands)

Contract liabilities at December 31, 2022	$	6,824
Additions		12,614
Revenue recognized		(11,961	)
Contract liabilities at September 30, 2023	$	7,477