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abandonment costs

Greek translation: δαπάνες εγκατάλειψης

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	abandonment costs
Greek translation:	δαπάνες εγκατάλειψης
Entered by:	Chris_ta

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11:55 Aug 26, 2010

English to Greek translations [PRO]
Bus/Financial - Finance (general)

English term or phrase: abandonment costs

For the year ended December 31, 2007, we had a loss from continuing operations before benefit for income taxes of $1.4 billion as compared to a loss from continuing operations before benefit for income taxes of $243.6 million for the year ended December 31, 2006. Results for 2007 and 2006 include charges totaling $1.3 billion and $586.7 million, respectively, related to inventory impairments, abandonment costs, joint venture impairments, goodwill impairments and the provision for settlement of loss contingency.

Chris_ta
Greece

δαπάνες εγκατάλειψης

Explanation:
Ιδίως αν έχει να κάνει με πετρελαιοπηγές.

abandonment costs
1. n. [Oil and Gas Business] ID: 11401
The costs associated with abandoning a well or production facility. Such costs are specified in the authority for expenditure (AFE), and typically cover the plugging of wells; removal of well equipment, production tanks and associated installations; and surface remediation.
http://www.glossary.oilfield.slb.com/Display.cfm?Term=abando...

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