Subsea Artificial Lift Systems Market
By Type;
Electrical Submersible Pumps, Gas Lift, Hydraulic Pumps and OthersBy Application;
Oil & Gas, Offshore Drilling and OthersBy Component;
Pump, Motor, Separator, Cable and OthersBy Depth;
Shallow Water, Deepwater and Ultra-DeepwaterBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Introduction
Global Subsea Artificial Lift Systems Market (USD Million), 2021 - 2031
In the year 2024, the Global Subsea Artificial Lift Systems Market was valued at USD 66,916.43 million. The size of this market is expected to increase to USD 114,171.09 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.9%.
Subsea Artificial Lift Systems Market
*Market size in USD million
CAGR 7.9 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 7.9 % | 
| Market Size (2024) | USD 66,916.43 Million | 
| Market Size (2031) | USD 114,171.09 Million | 
| Market Concentration | Medium | 
| Report Pages | 338 | 
Major Players
- Schlumberger Limited
 - Halliburton Company
 - Baker Hughes Company
 - Weatherford International
 - General Electric (GE) Oil & Gas
 - Aker Solutions
 - National Oilwell Varco (NOV)
 - TechnipFMC
 - Oceaneering International
 - Dover Corporation
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Subsea Artificial Lift Systems Market
Fragmented - Highly competitive market without dominant players
Subsea artificial lift systems play a crucial role in offshore oil and gas production by enhancing the productivity and efficiency of subsea wells. These systems are designed to address the unique challenges of operating in deepwater and ultra-deepwater environments, where conventional surface-based lifting methods are impractical or ineffective. By deploying artificial lift systems directly on the seabed or within subsea wellheads, operators can optimize reservoir performance, mitigate fluid pressure decline, and maximize hydrocarbon recovery rates.
The key components of subsea artificial lift systems typically include pumps, control systems, and power supply units, all engineered to withstand the demanding conditions of subsea operations. Electric submersible pumps (ESPs), hydraulic submersible pumps (HSPs), and gas lift systems are among the commonly deployed artificial lift technologies in subsea applications. These systems are remotely controlled and monitored from offshore platforms or onshore facilities, allowing operators to adjust production rates, optimize fluid lift, and troubleshoot issues in real time.
Subsea artificial lift systems offer several advantages over traditional surface-based lifting methods, including reduced intervention requirements, minimized production downtime, and improved reservoir management. By eliminating the need for surface infrastructure such as production platforms or floating vessels, subsea artificial lift systems enable cost-effective development of remote offshore fields and enhance overall operational efficiency. As offshore exploration and production activities continue to expand into deeper and more challenging environments, the demand for advanced subsea artificial lift solutions is expected to rise, driving innovation and investment in the subsea oil and gas industry.
Subsea Artificial Lift Systems Market Key Takeaways
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The increasing development of deep-water and ultra-deepwater fields is accelerating demand for subsea artificial lift systems to enhance production from assets where natural pressure is insufficient and traditional methods are impractical.
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Major operators are prioritising reliability and lifecycle performance in subsea lift solutions, given the high intervention costs and complexity of offshore wells—pushing suppliers toward longer-life designs and remote monitoring capabilities.
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Integration of digitalisation—such as real-time condition monitoring, data analytics and remote control—is becoming a strategic differentiator, enabling operators to optimise subsea lift uptime and reduce OPEX in challenging offshore environments.
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Growth is especially strong in regions with expanding offshore production, such as Brazil, West Africa and Southeast Asia, while mature markets increasingly focus on retrofit and asset-life extension of existing subsea wells.
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Despite significant opportunities, high capital costs, long qualification cycles, and rigorous subsea requirements (corrosion resistance, long-distancetie-back capability, multiphase flow handling) remain key barriers to wider adoption of subsea lift technology.
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Service-oriented business models—combining equipment supply, installation, remote-monitoring services and performance contracts—are gaining traction over standalone hardware sales as operators seek turnkey assurance for subsea artificial lift installations.
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Suppliers that build robust portfolios across subsea sensors, pump/compressor systems, control modules and analytics platforms—and align with operator digital-field agendas and asset-life-extension plans—are best positioned for long-term success in the subsea artificial lift market.
 
Subsea Artificial Lift Systems Market Recent Developments
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In August 2024, Baker Hughes Company launched a subsea artificial lift system aimed at enhancing production efficiency and reducing operating costs in deepwater oil and gas fields.
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In April 2022, Schlumberger Limited introduced a subsea artificial lift system capable of operating in high-pressure, high-temperature environments, improving overall production performance.
 
Subsea Artificial Lift Systems Market Segment Analysis
In this report, the Subsea Artificial Lift Systems Market has been segmented by Type, Application, Component, Depth and Geography.
Subsea Artificial Lift Systems Market, Segmentation by Type
The Type segmentation captures technology preferences across offshore assets, balancing production optimization, reliability, and total lifecycle cost. Operators evaluate installation complexity and intervention strategies alongside reservoir characteristics such as gas–oil ratio and sand production. Strategic selections increasingly reflect digital monitoring readiness, standardized interfaces, and partnerships that compress lead times for brownfield tie-ins, supporting long-term operational uptime and field economics.
Electrical Submersible Pumps
ESPs are favored for high-volume lift in mature and greenfield subsea developments where sustained drawdown is critical. Vendors emphasize motor insulation robustness, multiphase handling, and variable speed control integration with subsea power distribution. Strategies focus on standardized ESP pods, quick-disconnects for workover efficiency, and data-driven predictive maintenance that mitigates unplanned deferment across extended campaigns.
Gas Lift
Gas lift remains a flexible option for wells with variable productivity, enabling pressure management without rotating equipment downhole. Operators leverage subsea gas-lift distribution and scalable compression to optimize injection rates and reduce flow assurance risks in waxy or gassy crudes. Collaboration with compression and controls suppliers underpins operability gains, while standard valve architectures support rapid brownfield deployment.
Hydraulic Pumps
Hydraulic pumping architectures are selected where precise flow control and robust pressure boosting are required, particularly in challenging fluid regimes. Advances target power fluid efficiency, seal integrity, and maintainability through modular skids. Integration with condition monitoring and simplified hydraulic distribution reduces topside complexity and supports incremental tie-backs over a field’s life.
Others
The Others category includes niche and emerging lift approaches tailored to specific reservoir or flow assurance challenges. Solutions often combine boosting, separation, or localized pressure management with compact hardware envelopes. Vendors pursue alliances to accelerate qualification, targeting standardized interfaces and simplified installation to de-risk adoption in phased developments.
Subsea Artificial Lift Systems Market, Segmentation by Application
By Application, demand reflects project types and operating philosophies across Oil & Gas, Offshore Drilling support contexts, and Others. Decision criteria include reservoir pressure trends, tie-back distances, and host processing capacity. Ecosystem partnerships spanning original equipment manufacturers, integrators, and service providers enable reliable deployment schedules, while digital surveillance and remote operations enhance recovery efficiency and HSE outcomes.
Oil & Gas
In oil & gas production, artificial lift supports decline mitigation, higher recovery factors, and improved cash flow stability. Operators prioritize standardized lift packages, simplified workover logistics, and integrated controls that align with topside constraints. Lifecycle strategies emphasize asset integrity, spares pooling, and performance benchmarking across multi-field portfolios.
Offshore Drilling
Within offshore drilling contexts, lift systems are evaluated for compatibility with completion designs, well test objectives, and early production schemes. Collaboration between drilling contractors and lift suppliers streamlines installation procedures and reduces rig time. Focus areas include risk reduction during deployment, start-up reliability, and seamless handover to production teams for ongoing optimization.
Others
Other applications encompass pilot projects, enhanced oil recovery initiatives, and specialized field trials requiring bespoke configurations. Here, operators value engineering flexibility, rapid prototype-to-field timelines, and evidence-based qualification. Lessons learned feed back into standard offerings, gradually lowering cost and complexity for broader market use.
Subsea Artificial Lift Systems Market, Segmentation by Component
The Component view addresses critical elements—Pump, Motor, Separator, Cable, and Others—that determine system reliability and operational efficiency. Supply strategies emphasize interoperability, accelerated qualification, and resilient logistics for spares. Growing adoption of condition-based maintenance pairs robust hardware with health analytics to minimize deferment and extend run lives across challenging subsea environments.
Pump
The pump is central to achieving target lift performance, with designs optimized for multiphase tolerance, abrasive content, and thermal stability. Vendors invest in materials engineering and stage hydraulics to sustain efficiency. Field strategies prioritize quick-retrievable modules and standardized footprints that compress intervention durations and reduce overall OPEX.
Motor
Subsea motors must deliver dependable power density under high pressure and temperature regimes. Enhancements in insulation systems, cooling pathways, and variable speed integration underpin extended run life. Collaboration with controls vendors supports load management and early fault detection that safeguards production continuity.
Separator
Downhole or seabed separation improves flow assurance and pump efficiency by conditioning fluids before boosting. Compact cyclonic and mechanical designs target reduced footprint and simplified maintenance. Integration with digital twins and production models helps optimize water cut handling and maximize uptime.
Cable
Power and control cables ensure reliable energy delivery and data transmission across long tie-backs. Specifications emphasize armoring, chemical resistance, and EMC performance. Standardized terminations and wet-mate connectors facilitate faster installation and safer interventions while supporting real-time monitoring.
Others
The Others category covers sensors, valves, and auxiliary hardware that enable system integration and condition monitoring. Focus areas include modularity, cyber-secure communications, and component qualification that aligns with operator standards. Aggregated reliability improvements across these elements compound overall system availability.
Subsea Artificial Lift Systems Market, Segmentation by Depth
Depth segmentation—Shallow Water, Deepwater, and Ultra-Deepwater—drives engineering complexity, installation methods, and cost profiles. As projects move deeper, requirements escalate for pressure ratings, thermal management, and remote operability. Industry collaborations prioritize standardized architectures, streamlined logistics, and enhanced digital support to maintain predictable schedules and lower total cost of ownership.
Shallow Water
In shallow water, operators leverage simpler deployment options and shorter intervention windows, supporting competitive economics. Lift choices focus on proven hardware, straightforward controls, and efficient maintenance strategies. Standard interfaces and regional supplier bases further reduce schedule risk for incremental developments.
Deepwater
Deepwater fields require heightened reliability and system redundancy to counter higher pressures and complex flow assurance regimes. Projects emphasize digital diagnostics, robust materials, and integrated power & control to sustain throughput. Partnerships with installation contractors and OEMs de-risk hook-up, enabling confident expansion through phased tie-backs.
Ultra-Deepwater
In ultra-deepwater, hardware must withstand extreme HP/HT conditions and long tie-back distances. Designs prioritize thermo-hydraulic stability, advanced insulation, and remote autonomy to minimize human intervention. Standardized subsea modules and predictive analytics are key to maintaining uptime and optimizing lifecycle OPEX.
Subsea Artificial Lift Systems Market, Segmentation by Geography
In this report, the Subsea Artificial Lift Systems Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America benefits from mature offshore infrastructure, established supply chains, and robust project financing. Operators focus on standardization, digital surveillance, and coordinated maintenance to optimize production uptime. Collaboration among OEMs and service companies accelerates retrofit programs and extends the life of legacy assets through disciplined intervention planning.
Europe
In Europe, development activity emphasizes North Sea brownfields and selective tie-backs, with strong attention to HSE and emissions performance. Vendors advance electrification and integrated control solutions, while operators prioritize predictive analytics to reduce deferment. Regional expertise supports efficient workovers and scalable upgrades across diverse reservoir conditions.
Asia Pacific
Asia Pacific exhibits varied basin characteristics, encouraging flexible lift strategies from high-volume ESPs to resilient gas-lift networks. Increasing regional manufacturing capacity and localized service hubs shorten lead times. Governments and operators explore infrastructure sharing and phased expansion models to unlock remote accumulations while managing cost and risk.
Middle East & Africa
Middle East & Africa combines large-scale developments with growing deepwater prospects that demand high reliability and robust flow assurance. Partnerships emphasize technology transfer, standardized modules, and improved logistics to navigate long supply lines. Focus remains on maximizing recovery factors while aligning with national content and sustainability objectives.
Latin America
Latin America features major deepwater provinces where advanced artificial lift underpins long-distance tie-backs and high productivity. Operators seek modularization, proven qualification pedigrees, and integrated power & controls to de-risk schedules. Continued investment in digitalization and systematic maintenance frameworks supports scalable growth and resilient field performance.
Subsea Artificial Lift Systems Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Subsea Artificial Lift Systems Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential | 
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | 
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance | 
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances | 
Drivers, Restraints and Opportunities Analysis
Drivers:
- Growing Offshore Oil and Gas Exploration
 - Advancements in Subsea Technologies
 - Focus on Maximizing Oil Recovery
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Expansion of Deepwater and Ultra-Deepwater Projects - The expansion of deepwater and ultra-deepwater exploration and production projects represents a pivotal opportunity for the subsea artificial lift systems market. With conventional oil and gas reserves dwindling, energy companies are increasingly venturing into deeper offshore regions to tap into previously inaccessible resources. These endeavors, often located thousands of feet beneath the ocean's surface, necessitate specialized equipment capable of withstanding the harsh subsea conditions. Subsea artificial lift systems are uniquely suited to operate in these challenging environments, offering reliable and efficient solutions for optimizing production rates from deepwater reservoirs. Their robust design and advanced functionalities enable operators to extract hydrocarbons efficiently and sustainably, unlocking new avenues for offshore exploration and development.
Subsea artificial lift systems play a vital role in enabling efficient production from deepwater and ultra-deepwater reservoirs by overcoming the technical challenges associated with extreme depths and pressures. By employing advanced lifting mechanisms and deployment techniques, these systems facilitate the extraction of oil and gas from offshore wells situated in remote and harsh environments. As energy companies continue to expand their footprint in deepwater regions, the demand for subsea artificial lift systems is poised to escalate, presenting significant growth opportunities for manufacturers and service providers in the subsea oil and gas industry.
 
Restraints:
- High Initial Investment
 - Complexity of Operations
 - Technical Limitations
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Environmental Concerns - The deployment of subsea artificial lift systems is encumbered by substantial upfront costs, posing a significant barrier to market expansion. These costs encompass the installation of sophisticated equipment, infrastructure development, and the implementation of associated subsea components. Such a considerable capital investment may dissuade operators, especially those grappling with financial constraints or navigating uncertain economic conditions, from embracing these systems. Moreover, the intricate nature of offshore operations further compounds these challenges. Operating in demanding offshore environments characterized by high pressures, corrosive seawater, and remote locations, subsea artificial lift systems necessitate meticulous maintenance, monitoring, and intervention efforts. The complexity inherent in these operations presents logistical hurdles and escalates operational risks, potentially deterring operators with limited expertise or resources for managing offshore activities.
Technical limitations also cast a shadow over the widespread adoption of subsea artificial lift systems. These limitations may manifest in the form of equipment reliability issues, efficiency constraints, or operational depth restrictions. Design parameters such as depth limitations and extreme temperature variations can significantly impact the performance and effectiveness of subsea artificial lift systems, curtailing their applicability in certain offshore fields or reservoir conditions. These technical challenges further exacerbate uncertainties surrounding the deployment of such systems, potentially impeding their adoption in the global market.
 
Opportunities:
- Deepwater Exploration and Production
 - Remote Monitoring and Control
 - Focus on Operational Efficiency
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Collaborative Partnerships - Collaborative partnerships play a pivotal role in driving innovation and advancing the capabilities of subsea artificial lift systems within the oil and gas industry. By bringing together diverse stakeholders such as oil and gas companies, technology providers, research institutions, and government agencies, these partnerships facilitate the pooling of expertise, resources, and perspectives. Oil and gas companies contribute industry-specific knowledge, operational experience, and market insights, providing valuable context for the development and deployment of subsea artificial lift systems. Technology providers bring technical expertise, innovative solutions, and product development capabilities, enabling the integration of cutting-edge technologies into lift systems to enhance performance and reliability.
Furthermore, research institutions and government agencies contribute scientific expertise, funding support, and regulatory guidance, fostering a conducive environment for research, development, and testing of subsea artificial lift systems. Through collaborative partnerships, these stakeholders work together to identify industry challenges, develop strategic roadmaps, and co-create solutions that address market needs and propel the growth of the subsea artificial lift systems market. By fostering innovation, knowledge sharing, and investment, collaborative partnerships not only drive market competitiveness but also contribute to the sustainability and resilience of the oil and gas industry in the face of evolving market dynamics and environmental pressures.
 
Subsea Artificial Lift Systems Market Competitive Landscape Analysis
Subsea Artificial Lift Systems Market has become increasingly competitive as operators pursue efficiency and long-term production gains. Companies are adopting new strategies, forming partnerships, and exploring collaborations to strengthen their presence. With over 60% of players focusing on offshore reserves, market competition is influenced by both regional dominance and technological advancements.
Market Structure and Concentration
The market is moderately concentrated, with leading companies holding around 55% share across subsea operations. Large enterprises emphasize mergers and collaboration to consolidate their positions. Meanwhile, mid-tier providers contribute 40% through niche technologies, ensuring competitive balance and pushing for sustainable growth in deepwater production systems.
Brand and Channel Strategies
Firms prioritize brand differentiation by highlighting reliability, efficiency, and cost-effectiveness, influencing nearly 65% of buyer decisions. Strategic partnerships with oilfield service providers strengthen distribution. Moreover, collaborative strategies with regional suppliers expand presence in offshore zones, with over 50% of companies emphasizing integrated service portfolios for enhanced client loyalty.
Innovation Drivers and Technological Advancements
Continuous innovation is reshaping subsea lift technologies, with more than 70% of firms investing in digital monitoring and automated systems. Emphasis on technological advancements such as AI-driven control and real-time analytics has boosted operational efficiency. These initiatives accelerate growth by reducing downtime and optimizing recovery rates across complex subsea reservoirs.
Regional Momentum and Expansion
Strong regional expansion is evident, with about 60% of demand driven by offshore projects in Europe and Latin America. Companies pursue strategies aligning with regional energy security goals, leveraging collaboration with local operators. Partnerships with national oil companies account for nearly 50% of installations, reinforcing dominance in mature as well as emerging offshore fields.
Future Outlook
The future trajectory shows over 65% of stakeholders focusing on digital integration, automation, and partnerships for resilient operations. Continued emphasis on innovation and subsea efficiency will accelerate long-term growth. Expanding collaborative networks and sustained investment in technological advancements will ensure stronger competitive positioning, driving the industry’s evolution over the next decade.
Key players in Subsea Artificial Lift Systems Market include
- Schlumberger Limited
 - Baker Hughes Company
 - Halliburton Company
 - Aker Solutions ASA
 - TechnipFMC plc
 - Weatherford International plc
 - Siemens Energy AG
 - Borets International Limited
 - OneSubsea (Schlumberger)
 - Flowserve Corporation
 - NOV Inc.
 - GE Oil & Gas (Baker Hughes)
 - Expro Group
 - SPT Offshore
 - Cameron International Corporation
 
In this report, the profile of each market player provides following information:
- Market Share Analysis
 - Company Overview and Product Portfolio
 - Key Developments
 - Financial Overview
 - Strategies
 - Company SWOT Analysis
 
- Introduction 
- Research Objectives and Assumptions
 - Research Methodology
 - Abbreviations
 
 - Market Definition & Study Scope
 - Executive Summary 
- Market Snapshot, By Type
 - Market Snapshot, By Application
 - Market Snapshot, By Component
 - Market Snapshot, By Depth
 - Market Snapshot, By Region
 
 - Subsea Artificial Lift Systems Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
- Growing Offshore Oil and Gas Exploration
 - Advancements in Subsea Technologies
 - Focus on Maximizing Oil Recovery
 - Expansion of Deepwater and Ultra-Deepwater Projects
 
 - Restraints 
- High Initial Investment
 - Complexity of Operations
 - Technical Limitations
 - Environmental Concerns
 
 - Opportunities 
- Deepwater Exploration and Production
 - Remote Monitoring and Control
 - Focus on Operational Efficiency
 - Collaborative Partnerships
 
 
 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bargaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Competitive Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Subsea Artificial Lift Systems Market, By Type, 2021 - 2031 (USD Million) 
- Electrical Submersible Pumps
 - Gas Lift
 - Hydraulic Pumps
 - Others
 
 - Subsea Artificial Lift Systems Market, By Application, 2021 - 2031 (USD Million) 
- Oil & Gas
 - Offshore Drilling
 - Others
 
 - Subsea Artificial Lift Systems Market, By Component, 2021 - 2031 (USD Million) 
- Pump
 - Motor
 - Separator
 - Cable
 - Others
 
 - Subsea Artificial Lift Systems Market, By Depth, 2021 - 2031 (USD Million) 
- Shallow Water
 - Deepwater
 - Ultra-Deepwater
 
 - Subsea Artificial Lift Systems Market, By Geography, 2021 - 2031 (USD Million) 
- North America 
- United States
 - Canada
 
 - Europe 
- Germany
 - United Kingdom
 - France
 - Italy
 - Spain
 - Nordic
 - Benelux
 - Rest of Europe
 
 - Asia Pacific 
- Japan
 - China
 - India
 - Australia & New Zealand
 - South Korea
 - ASEAN (Association of South East Asian Countries)
 - Rest of Asia Pacific
 
 - Middle East & Africa 
- GCC
 - Israel
 - South Africa
 - Rest of Middle East & Africa
 
 - Latin America 
- Brazil
 - Mexico
 - Argentina
 - Rest of Latin America
 
 
 - North America 
 
 - Subsea Artificial Lift Systems Market, By Type, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- Schlumberger Limited
 - Baker Hughes Company
 - Halliburton Company
 - Aker Solutions ASA
 - TechnipFMC plc
 - Weatherford International plc
 - Siemens Energy AG
 - Borets International Limited
 - OneSubsea (Schlumberger)
 - Flowserve Corporation
 - NOV Inc.
 - GE Oil & Gas (Baker Hughes)
 - Expro Group
 - SPT Offshore
 - Cameron International Corporation
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

