HOUSTON and LONDON, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a significant award from Petrobras to supply up to 50 subsea tree ...
Used on offshore oil and gas fields, a subsea tree monitors and controls the production of a subsea well. Fixed to the wellhead of a completed well, subsea trees can also manage fluids or gas injected ...
HOUSTON--(BUSINESS WIRE)--SLB announced today an award to its OneSubsea ® business and Subsea Integration Alliance of a large contract by bp for its Cypre gas project offshore Trinidad and Tobago. The ...
Norwegian contractor Aker Solutions has signed a $300 million frame agreement with Petrobras to supply the Brazilian oil company with 40 subsea tree systems for its Iara and Guara pre-salt fields in ...
Weatherford has scooped a contract to provide a subsea production control system for use on the ATP Oil&Gas- operated Telemark project in the deep-water US Gulf. The fast-track project calls for the ...
HOUSTON, March 17 /PRNewswire-FirstCall/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced the successful installation and start-up of its first subsea control system, a ...
Aker Kvaerner's multi-million dollar integrated subsea oil and gas center in Malaysia was officially opened today, marking the successful conclusion of an ultra fast-track schedule to bring the ...
The seabed holds vast resources, but accessing them requires advanced sensors and control systems. Energy companies invest in Subsea Projects using Subsea production systems, gadgets, vessels, diving ...
The subsea market segment, which includes players involved in production and processing systems such as subsea umbilical risers and flowlines (SURF), trees, wellheads, manifolds and other components, ...
The subsea market is projected to grow at a 10% CAGR from 2024 to 2027, reaching over $42 billion in total spending. Deepwater and ultra-deepwater developments are expected to account for 80% of the ...