SAPMY (Saipem SpA) Construction In Progress : $0 Mil (As of Sep. 2024)

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What is Saipem SpA Construction In Progress?

Saipem SpA's annual construction in progress increased from Dec. 2021 ($130 Mil) to Dec. 2022 ($131 Mil) and increased from Dec. 2022 ($131 Mil) to Dec. 2023 ($189 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

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197.08

129.94

131.36

188.66

Saipem SpA Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															188.66	-	-	-	-

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 (OTCPK:SAPMY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SAPMF:USA SPM:Italy SPMm:UK 0RPI: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. It offers the development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities. The company also engages in onshore engineering and construction, sustainable infrastructures, robotics and industrialized solutions; offshore engineering and construction, and wind activities.