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 ...
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, ...
Brazil’s Petrobras has been one of the leading players in deepwater, subsea development projects since the turn of the century. These projects include pre-salt and post-salt plays, which require ...
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 ...
The FINANCIAL — GE Oil & Gas, a key equipment and services supplier for the global offshore drilling and subsea sectors including the North Sea, continues to develop and deploy new technology to help ...
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 long journey towards commercial start-up of the world's first "all-electric" christmas tree system is almost complete. Over the next 10 weeks the final subsea hardware for a pair of such trees ...
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 ...