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Revenue
12 Months Ended
Dec. 31, 2023
Text Block 1 [Abstract]  
REVENUE
NOTE 25. REVENUE
 
Years ended December 31,
  
2023
     2022  
Energy Infrastructure
1
  
$
777,702
 
   $ 381,087  
After-Market Services
  
 
652,198
 
     443,660  
Engineered Systems
  
 
1,732,195
 
     953,051  
Total revenue
  
$
  3,162,095
 
   $   1,777,798  
1
During the year ended December 31, 2023, the Company recognized $274 million of revenue related to operating leases in its LATAM and EH segments (December 31, 2022 – $111 million). Additionally, the Company recognized $169 million of revenue related to its NAM Contract Compression fleet (December 31, 2022 – $127 million).
Revenue by geographic location, which is attributed by destination of sale, was as follows:
 
Years ended December 31,
 
2023
     2022  
United States of America
 
$
1,347,408
 
   $ 890,899  
Canada
 
 
350,490
 
     261,865  
Nigeria
 
 
232,481
 
     18,420  
Oman
 
 
221,538
 
     119,906  
Argentina
 
 
220,608
 
     80,524  
Iraq
 
 
193,789
 
     25,917  
Bahrain
 
 
127,009
 
     85,540  
Brazil
 
 
102,164
 
     45,367  
Australia
 
 
85,515
 
     65,618  
Mexico
 
 
84,400
 
     64,325  
Thailand
 
 
40,037
 
     11,523  
Colombia
 
 
28,977
 
     21,278  
Other
 
 
127,679
 
     86,616  
Total revenue
 
$
  3,162,095
 
   $   1,777,798  
The following table outlines the Company’s unsatisfied performance obligations, by product line, as at December 31, 2023:
 
     
Less than
one year
    
One to two
years
    
Greater than
two years
    
Total
 
Energy Infrastructure
   $ 537,622      $ 474,220      $ 1,236,395     
$
2,248,237
 
After-Market Services
     90,047        50,023        138,850     
 
278,920
 
Engineered Systems
     1,277,348        201,384        20,312     
 
1,499,044
 
   $   1,905,017      $   725,627      $   1,395,557     
$
  4,026,201