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Middle East & Africa Subsea Flowlines Market Share

Report ID: GMI10958
Published Date: Aug 2024
Report Format: PDF

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Middle East & Africa Subsea Flowlines Market Share

Key players in the Middle East & Africa subsea flowlines industry are aiming to form strategic agreements and collaborations, while also introducing innovative technologies, to enhance their competitive advantage. Major companies including Halliburton, Aker Solutions, Baker Hughes Company, TechnipFMC plc, John Wood Group PLC, and SUBSEA7, among other, holds majority of the market share.

Middle East & Africa Subsea Flowlines Market Companies

Major manufacturers operating across the industry consists of:

Aker Solutions
ArcelorMittal Energy Projects
Allseas
Baker Hughes Company
Cabot Corporation
Halliburton
John Wood Group PLC
NOV
Oceaneering International, Inc.
Strohm
Sapiem SpA
SUBSEA7
Tenaris
TechnipFMC plc
Vallourec

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size of Middle East & Africa subsea flowlines was worth over USD 1.1 billion in 2023 and is anticipated to record a 5.6% CAGR during 2024 to 2032, driven by ongoing expansion of exploration and operations in deep offshore oil fields.

Shallow depth segment of the Middle East & Africa subsea flowlines market is set to surpass USD 1.2 billion by 2032, driven by increased investments in the expansion of offshore oil & gas projects.

UAE subsea flowlines market is set to cross USD 360 million by 2032, driven by the availability of abundant offshore oil & gas reserves, active E&P activities, and shifting inclination toward energy conservation.

Aker Solutions, ArcelorMittal Energy Projects, Allseas, Baker Hughes Company, Cabot Corporation, Halliburton, John Wood Group PLC, NOV among others.