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Subsea 7 (OSL:SUBC) Deferred Policy Acquisition Costs


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What is Subsea 7 Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Subsea 7 (OSL:SUBC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OSL:SUBC) » Definitions » Deferred Policy Acquisition Costs
Address
40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN
Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. It's recently begun to develop expertise in renewables, particularly offshore wind farms, which require equipment and expertise similar to offshore oil and gas developments.