Subsea 7 (OSTO:SUBCO) Construction In Progress : kr0 Mil (As of Mar. 2025)

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What is Subsea 7 Construction In Progress?

Subsea 7 Construction In Progress Historical Data

The historical data trend for Subsea 7'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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Subsea 7 Construction In Progress Chart

Subsea 7 Annual Data

Trend

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Construction In Progress

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Subsea 7 Quarterly Data
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Subsea 7 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.

Subsea 7 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OSTO:SUBCo) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SUBCY:USA ACGYF:USA SUBC:Norway SUBCo:UK 0OGK:UK SOC:Germany

Address

412F, Route d'Esch, Luxembourg, LUX, L-1471

Website

https://www.subsea7.com

Subsea 7 SA is the engineering and construction, service provider 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. Its segments are Subsea and Conventional, Renewables, and Corporate. The group generates the majority of its revenue from the Subsea and Conventional segment includes Subsea Umbilicals, Risers and Flowlines, Conventional services, Activities associated with the provision of inspection, repair and maintenance (IRM) services, heavy lifting operations and decommissioning of redundant offshore structures, carbon capture, and utilisation and storage. Its geographic areas are Norway, Brazil, the United Kingdom, and Others.

Subsea 7 Headlines

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