Equinor ASA (OSL:EQNR) Construction In Progress : kr148,715 Mil (As of Dec. 2023)

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What is Equinor ASA Construction In Progress?

Equinor ASA's quarterly construction in progress stayed the same from Jun. 2023 (kr0 Mil) to Sep. 2023 (kr0 Mil) but then increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr148,715 Mil).

Equinor ASA's annual construction in progress declined from Dec. 2021 (kr113,288 Mil) to Dec. 2022 (kr106,853 Mil) but then increased from Dec. 2022 (kr106,853 Mil) to Dec. 2023 (kr148,715 Mil).

Equinor ASA Construction In Progress Historical Data

The historical data trend for Equinor ASA's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Equinor ASA Construction In Progress Chart

Equinor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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114,611.56

113,287.60

106,853.28

148,714.89

Equinor ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															106,853.28	-	-	-	148,714.89

Equinor ASA Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Equinor ASA (OSL:EQNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Equinor ASA (OSL:EQNR) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

STOHF:USA EQNR:USA EQNR:Sweden EQNR:Mexico EQNRo:UK 0M2Z:UK DNQA:Germany DNQ:Germany DNQ:Germany DNQA:Germany DNQ:Germany E1QN34:Brazil

Address

Forusbeen 50, Stavanger, NOR, N-4035

Website

https://www.equinor.com

Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.0 million barrels of oil equivalent per day in 2022 (50% liquids) and ended the year with 5.2 billion barrels of proven reserves (49% liquidsl). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.