AKRBY (Aker BP ASA) Construction In Progress : $8,857 Mil (As of Mar. 2025)

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What is Aker BP ASA Construction In Progress?

Aker BP ASA's quarterly construction in progress increased from Sep. 2024 ($6,222 Mil) to Dec. 2024 ($7,565 Mil) and increased from Dec. 2024 ($7,565 Mil) to Mar. 2025 ($8,857 Mil).

Aker BP ASA's annual construction in progress increased from Dec. 2022 ($1,614 Mil) to Dec. 2023 ($3,557 Mil) and increased from Dec. 2023 ($3,557 Mil) to Dec. 2024 ($7,565 Mil).

Aker BP ASA Construction In Progress Historical Data

The historical data trend for Aker BP 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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Aker BP ASA Construction In Progress Chart

Aker BP ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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1,088.75

1,795.44

1,614.20

3,556.90

7,564.70

Aker BP ASA Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															4,417.90	5,333.40	6,222.40	7,564.70	8,857.40

Aker BP 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.

Aker BP ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker BP ASA (OTCPK:AKRBY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

AKRBF:USA AKERBPo:Sweden AKRBP:Norway AKRBPo:UK 0M5J:UK ARC:Germany

Address

Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366

Website

https://www.akerbp.com

Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, Johan Sverdrup, Ula and Valhall. The company generates revenue from the sale of liquids, sale of gas, and Tariff income, out of which the majority revenue is derived from sale of liquids.