RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2021

Receivables, payables, revenues and expenses, which are included in our condensed consolidated financial statements for all transactions with related parties, defined as entities related to our directors and main shareholders as well as the partners of our consolidated joint ventures, were as follows.

Accounts receivable consisted of receivables due from the following related parties:


(In millions)	September 30, 2021		December 31, 2020
Equinor ASA	$	—	$	24.1
Dofcon Navegacao	23.4		4.2
Techdof Brasil AS	9.2		8.0

Others	2.5		1.7
Total accounts receivable	$	35.1	$	38.0

Dofcon Navegacao is an equity method investment. Techdof Brasil AS is a wholly owned subsidiary of Dofcon Brasil AS, our equity method affiliate. In October 2020, we added a new member to our Board of Directors who was an executive of Equinor ASA.

Accounts payable consisted of payables due to the following related parties:


(In millions)	September 30, 2021		December 31, 2020
Dofcon Navegacao	$	4.4	$	1.5
Others	2.5		3.1
Total accounts payable	$	6.9	$	4.6

Additionally, we have a note receivable from Dofcon Brasil AS for $25.2 million and $37.6 million as of September 30, 2021 and December 31, 2020, respectively. Dofcon Brasil AS is a variable interest entity and accounted for as an equity method investment.

Revenue included amounts from the following related parties:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In millions)	2021		2020		2021		2020

Dofcon Navegacao	0.1		0.8		1.3		1.4

Techdof Brasil AS	3.6		2.0		12.5		6.4

Others	3.4		11.6		7.8		18.3
Total revenue	$	7.1	$	14.4	$	21.6	$	26.1

Expenses included amounts to the following related parties:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In millions)	2021		2020		2021		2020

Dofcon Navegacao	$	8.3	$	5.2	$	21.3	$	17.0

Magma Global Limited	5.1		1.0		9.2		2.6

Altus Intervention	2.2		1.5		5.0		2.6
Others	16.9		0.9		25.1		14.2
Total expenses	$	32.5	$	8.6	$	60.6	$	36.4

Magma Global Limited was an equity method investment. In October 2021, we purchased the remaining ownership interest in Magma Global, see Note 11 for further details.