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Subsea Control Systems Segment to Record 2.2% CAGR In the global Subsea Control Systems segment, USA, Canada, Japan, China and Europe will drive the 2% CAGR estimated for this segment.
Dril-Quip, Inc. and Proserv Group on Wednesday reported that they have made a strategic agreement under which Drill-Quip will rely upon Proserv to develop and manufacture its subsea control ...
All-electric tube bending machines from Unison are helping FMC Technologies - the leading supplier of subsea tree hydraulic control systems for wellheads - to substantially reduce build times and ...
This technology has effectively created the IoT for subsea trees, providing operators with improved control through live performance and condition monitoring. SLB (NYSE: SLB) has announced a contract ...
Dril-Quip announced the successful installation and start-up of its first subsea control system, a "signal on power" multiplex system that controls both a satellite subsea tree and subsea manifold ...
In early 2025, Baker Hughes secured a deal to supply three subsea trees and related control systems for the Liuhua 28-2 and Liuhua 27-1 fields, with Chinese vendors also playing a role.
Schlumberger shares rise after winning a FEED contract from Equinor for the all-electric SPS project in Norway. The Fram Sør project aims to set new benchmarks for control, efficiency, and ...
Global Subsea System Market is valued approximately USD 18.6 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.98% over the forecast period 2024-2032. Subsea systems ...
Delmar has incorporated the use of the HCLS since June 2002 when it installed its first subsea tree for Shell’s Na Kika Development in Mississippi Canyon in a water depth of approximately 6000’.
Subsea trees are structures attached to the top of subsea wells to control the flow of oil or gas to or from a well, and can also monitor and adjust deep-water oil pumping work.