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July 22 (PN) SLB OneSubsea submitted the lowest bids in a Petrobras tender for the supply of 32 subsea trees and other subsea equipment (manifolds, electro-hydraulic distribution units, PLEMs, ESDVs, and UTAs). The other competitors in the process were Baker Hughes and TechnipFMC. The data was recently released by Petronect (tender no. 7004565113). The equipment... Continue Reading →
July 16 (oilnow.gy) ExxonMobil’s planned Longtail development offshore Guyana is among the major projects expected to support stronger global subsea tree contract activity during the second half of 2026. Westwood Global Energy Group on July 15 identified Longtail as a key future source of demand as offshore operators advance large developments requiring subsea production equipment. Subsea... Continue Reading →
June 25 (OE) Baker Hughes has secured a significant contract award from Azule Energy to supply subsea production systems for the Greater PAJ development offshore Angola. Under the agreement, Baker Hughes will provide deepwater horizontal tree systems for the ultra-deepwater greenfield project, as well as subsea control modules, intervention workover control systems and associated connection,... Continue Reading →
April 14 (oilnow.gy) Guyana is among the high-growth offshore markets expected to require more than 100 subsea trees by 2030, according to Westwood Global Energy Group in an April 13 LinkedIn post. “High-growth markets including Australia, China, and Guyana are each expected to exceed 100 units by 2030,” the firm said. The projection aligns with... Continue Reading →
March 31 (oilnow.gy) The GranMorgu offshore project has entered full subsea build-out mode, with multiple subsea Christmas Trees (XTs) completed, according to a March 30 update by TotalEnergies Suriname General Manager Artur Nunes da Silva. The project recorded its first XT completion in December 2025. Since then, progress has accelerated. Nunes da Silva said, “We... Continue Reading →
Dec. 12 (offshore-energy.biz) TechnipFMC has delivered its 100th Subsea 2.0 tree to UK-headquartered energy giant Shell, the company that placed the first order for the subsea product platform. The subsea tree was manufactured, assembled, and tested at TechnipFMC’s dedicated facility for Subsea 2.0 in Nusajaya, Malaysia, and will be used on Shell’s project in the Gulf... Continue Reading →
Sept. 29 (OE) Baker Hughes, an energy technology company, has secured a contract from Petrobras to supply up to 50 subsea tree systems and associated services to support offshore oil and gas production across multiple fields in Brazil. The modern subsea systems will enhance recovery in established fields including Albacora, Jubarte and Barracuda-Caratinga. They will... Continue Reading →
Brazil Energy Insight 