ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Construction In Progress : د.إ2,916 Mil (As of Dec. 2023)

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What is ADNOC Drilling Company PJSC Construction In Progress?

ADNOC Drilling Company PJSC's quarterly construction in progress stayed the same from Jun. 2023 (د.إ0 Mil) to Sep. 2023 (د.إ0 Mil) but then increased from Sep. 2023 (د.إ0 Mil) to Dec. 2023 (د.إ2,916 Mil).

ADNOC Drilling Company PJSC's annual construction in progress increased from Dec. 2021 (د.إ1,429 Mil) to Dec. 2022 (د.إ2,571 Mil) and increased from Dec. 2022 (د.إ2,571 Mil) to Dec. 2023 (د.إ2,916 Mil).

ADNOC Drilling Company PJSC Construction In Progress Historical Data

The historical data trend for ADNOC Drilling Company PJSC'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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ADNOC Drilling Company PJSC Construction In Progress Chart

ADNOC Drilling Company PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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552.78

1,113.60

1,428.99

2,570.86

2,916.13

ADNOC Drilling Company PJSC Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial											2,570.86	-	-	-	2,916.13

ADNOC Drilling Company PJSC 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.

ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O Box 4017, Abu Dhabi, ARE

Website

https://www.adnoc.ae

ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore Jack-up, Offshore Island, and OilField Service, with maximum revenue from Onshore segment.

ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Headlines

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