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Saipem SpA (LTS:0RPI) Construction In Progress : €67 Mil (As of Dec. 2024)


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What is Saipem SpA Construction In Progress?

Saipem SpA's quarterly construction in progress stayed the same from Jun. 2024 (€0 Mil) to Sep. 2024 (€0 Mil) but then increased from Sep. 2024 (€0 Mil) to Dec. 2024 (€67 Mil).

Saipem SpA's annual construction in progress increased from Dec. 2022 (€124 Mil) to Dec. 2023 (€173 Mil) but then declined from Dec. 2023 (€173 Mil) to Dec. 2024 (€67 Mil).

Saipem SpA Construction In Progress Historical Data

The historical data trend for Saipem SpA'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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Saipem SpA Construction In Progress Chart

Saipem SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.00 115.00 124.00 173.00 67.00

Saipem SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 67.00 -

Saipem SpA 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.

Saipem SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (LTS:0RPI) » Definitions » Construction In Progress
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MIL:NXT MIL:TEN SLB BKR HAL FTI SHSE:601808 XPAR:TE XPAR:GTT SHSE:600968 SGX:5E2 CHX NOV SZSE:002353 OSL:SUBC AROC ASX:WOR XAMS:SBMO SHSE:600583 WFRD
Traded in Other Exchanges
SAPMY:USA SAPMF:USA SPM:Italy SPMm:UK SPEA:Germany SPM2:Austria
Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Website
https://www.saipem.com
Saipem SpA specializes in engineering and construction services for the oil and gas industries. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. Key revenue is generated from Asset Based Services, which includes the Offshore Engineering & Construction and Offshore Wind activities. Energy Carriers segment includes the Onshore Engineering & Construction, Sustainable Infrastructures, and Robotics & Industrialized Solutions activities. Its revenue by geographical segment include Italy, Rest of Europe, CSI, Rest of Asia, etc.

Saipem SpA Headlines

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