Subsea Manifolds Market Size, Share, Growth Analysis, By Type(Template Manifold, Cluster Manifold), By Application(Manufacturing, Injection) - Industry Forecast 2024-2031

There aren't many new, significant participants in the market. The market is very competitive and moderately concentrated. Schlumberger Limited, Baker Hughes Incorporated, Weatherford International Inc., and Trendsetter Engineering are important participants.

Subsea Manifolds Market Top Player's Company Profiles

• Aker Solutions
• Baker Hughes Company
• TechnipFMC
• Saipem
• Subsea 7
• GE Oil & Gas
• OneSubsea
• National Oilwell Varco
• Cameron International
• Oceaneering International
• Dril-Quip Inc.
• FMC Technologies
• Siemens Energy
• Schlumberger Limited
• NOV Flexibles
• Emerson Electric Company
• Prysmian Group
• Nexans
• JDR Cable Systems
• C-Innovation.

Subsea Manifolds Market Recent Development

• In March 2021, For the Greater Tortue Ahmeyim project, British Petroleum hired McDermott International and Baker Hughes, a GE Company. Both businesses are accountable for providing the undersea umbilicals, risers, and flowlines (SURF) and subsea production system equipment under the conditions of the contract. Five large-bore deepwater horizontal Xmas trees (DHXTs), a six-slot dual-bore manifold, a pipeline end manifold, a subsea distribution unit, etc. will all be provided by Baker Hughes.
• In April 2021, Subsea 7 and L&T were given an EPCI contract by Saudi Aramco to work at the oil fields in Zuluf and Berri. Under the terms of the contract, subsea pipelines and oil production deck manifolds will be delivered to the Zuluf field.