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Middle East & Africa Subsea Risers Market Share

Report ID: GMI11285
Published Date: Sep 2024
Report Format: PDF

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Middle East & Africa Subsea Risers Market Share

Middle East & Africa Subsea Risers Market Company Market Share Analysis, 2023

Key players in the subsea risers industry across the Middle East & Africa are forging strategic ventures including agreements & collaborations, while introducing advanced technologies, to boost their product reach & market presence. Major players across the market are Aker Solutions, Aquaterra Energy Limited, Baker Hughes, TechnipFMC, SUBSEA7 and John Wood Group PLC, and, among others.

Middle East & Africa Subsea Risers Market Companies

Major manufacturers operating across the industry consists of:

Acteon Group Operations (UK) Limited.
Aker Solutions
Aquaterra Energy Limited
Baker Hughes Company
Dril-Quip, Inc.
Hunting plc
John Wood Group PLC
Kinetic Pressure Control
Oil States Industries, Inc.
SLB
Subsea7
TechnipFMC plc
Tenaris
Vallourec
Weatherford

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

Middle East & Africa subsea risers market size was worth over USD 331.7 million in 2023 and is expected to register 7.5% CAGR from 2024 to 2032, due to the ongoing expansion of operations in offshore oil fields to transport oil & gas across processing facilities in the region.

Middle East & Africa subsea risers industry from the shallow depth segment is expected to reach over USD 350 million by 2032, due to the rising investments in offshore oil and gas project expansions and the ongoing use of advanced recovery techniques.

UAE subsea risers industry is expected to reach over USD 120 million by 2032, due to abundant offshore oil and gas reserves, coupled with active exploration and production activities in the country.

Aquaterra Energy Limited, Baker Hughes Company, Dril-Quip, Inc., Hunting plc, John Wood Group PLC, Kinetic Pressure Control, Oil States Industries, Inc., SLB, Subsea7, TechnipFMC plc, Tenaris, Vallourec, and Weatherford, are some of the major subsea risers companies in Middle East & Africa.