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RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS
Receivables, payables, revenues and expenses which are included in our 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.
Trade receivables consisted of trade receivables due from the following related parties:
December 31,
(In millions)20212020
Equinor ASA$— $24.1 
Dofcon Navegacao22.7 4.2 
Techdof Brasil AS4.5 8.0 
Others2.5 1.7 
Total trade receivables$29.7 $38.0 

Dofcon Navegacao and Dofcon Brasil AS are our equity method investments and Techdof Brasil AS is a wholly owned subsidiary of Dofcon Brasil AS. In October 2020, we added a new member to our Board of Directors who was an executive of Equinor ASA up through January 2021.
Payables consisted of payables due to the following related parties:
December 31,
(In millions)20212020
Crescent Energy$2.7 $— 
Dofcon Navegacao$— $1.5 
Arkema S.A.0.9 0.5 
Others1.9 2.6 
Total trade payables$5.5 $4.6 

Additionally, we have a note receivable balance of $12.6 million and $37.6 million with Dofcon Brasil AS as of December 31, 2021 and 2020, respectively. These are included in other assets in our consolidated balance sheets.
Revenue consisted of amount from following related parties:
Year Ended December 31,
(In millions)202120202019
Equinor ASA$— $119.6 $— 
Anadarko Petroleum Company— — 67.1 
TOP CV— — 11.9 
Dofcon Navegacao9.9 3.4 8.4 
Techdof Brasil AS15.8 11.2 8.3 
Others14.0 18.5 14.4 
Total revenue$39.7 $152.7 $110.1 

A member of our Board of Directors (the “Director”) served on the Board of Directors of Anadarko Petroleum Company (“Anadarko”) until August 2019. In August 2019, Anadarko was acquired by Occidental Petroleum Corporation (“Occidental”). As a result, the Director no longer serves as a member of the Board of Directors of Anadarko. The Director is not an officer or director of Occidental.
TOP CV was previously an equity method affiliate that became a fully consolidated subsidiary on December 30, 2019. See Note 3 for further details.
Expenses consisted of amounts to following related parties:
Year Ended December 31,
(In millions)202120202019
Arkema S.A.$3.8 $1.5 $3.8 
Serimax Holdings SAS7.6 0.4 17.7 
Magma Global Limited8.8 14.0 7.3 
Jumbo Shipping— 16.0 4.5 
Dofcon Navegacao26.7 24.0 1.8 
Altus Intervention— 3.6 1.8 
Others18.5 17.6 17.8 
Total expenses$65.4 $77.1 $54.7 
Serimax Holdings SAS is an equity method affiliate. Members of our Board of Directors served on the Board of Directors for Jumbo Shipping. Magma Global Limited was an equity method affiliate through September 30, 2021. In October 2021, we purchased the remaining ownership interest in Magma Global, see Note 3 for further details.