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Middle East & Africa Subsea Umbilicals, Risers and Flowlines Market Share

Report ID: GMI10741
Published Date: Aug 2024
Report Format: PDF

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Middle East & Africa Subsea Umbilicals, Risers and Flowlines Market Share

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

Key players operating across the Middle East & Africa subsea umbilicals, risers and flowlines industry are focusing on making strategic agreements, collaborations, for projects and introducing innovative technologies to enhance their competitive edge over the others. Major companies including SLB, Halliburton, Aker Solutions, TechnipFMC plc, Baker Hughes Company, and SUBSEA7 among other, holds majority of the market share.

Middle East & Africa Subsea Umbilicals, Risers and Flowlines Market Companies

Major manufacturers operating across the industry consists of:

Aker Solutions
ArcelorMittal Downstream Solutions
Aquaterra Energy Limited
Baker Hughes Company
Dril-Quip, Inc.
Halliburton
John Wood Group PLC
Oil States Industries, Inc.
Oceaneering International, Inc.
Prysmian Group
SUBSEA7
SAIPEM SpA
SLB
Tenaris
TechnipFMC plc
VALLOUREC

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

MEA market for subsea umbilicals, risers and flowlines (SURF) was worth over USD 2.3 billion in 2023 and is projected to observe 6.1% CAGR through 2032, due to rising exploration and operations across deep offshore oil fields along with increasing demand for reliable systems

The shallow depth segment in the Middle East & Africa subsea umbilicals, risers and flowlines (SURF) industry is anticipated to exceed USD 2.4 billion by 2032, owing to rising investment for expansion of oil & gas offshore projects.

UAE subsea umbilicals, risers and flowlines industry size is set to exceed USD 780 million by 2032, due to increasing adoption to enhance energy efficiency and optimize operations.

Aker Solutions, ArcelorMittal Downstream Solutions, Aquaterra Energy Limited, Baker Hughes Company, Dril-Quip, Inc., Halliburton, John Wood Group PLC, Oil States Industries, Inc., and Oceaneering International, Inc.