Petrofac (LSE:PFC) Buildings And Improvements : £0 Mil (As of Jun. 2023)

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What is Petrofac Buildings And Improvements?

Petrofac Buildings And Improvements Historical Data

The historical data trend for Petrofac's Buildings And Improvements 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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Petrofac Buildings And Improvements Chart

Petrofac Annual Data

Trend

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Buildings And Improvements

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Petrofac Semi-Annual Data
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Buildings And Improvements	Get a 7-Day Free Trial															-	-	-	-	-

Petrofac Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Petrofac (LSE:PFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrofac Ltd (LSE:PFC) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

POFCY:USA POFCF:USA PFCl:UK P2F:Germany

Address

26 New Street, St Helier, JEY, JE2 3RA

Website

https://www.petrofac.com

Petrofac Ltd provides engineering and construction services to the oil and gas production and processing industry. It designs, builds, operates and maintains oil and gas facilities. The operating segments of the company include Engineering and Construction, Asset solutions, and Integrated energy services. It derives the majority of the revenue from Engineering and Construction which provides fixed-price engineering, procurement and construction project execution services and reimbursable engineering, procurement and construction management services to the onshore and offshore oil and gas industry. The company operates worldwide and generates most of its revenue from the United kingdom.