Westwood’s Global Subsea Tree Tracker - Februar 2022

Westwood sin "Global Subsea Tree Tracker" er en indicator av subsea aktivitet. Den siste oppdateringen er nettopp publisert. 

• No subsea tree awards were announced in January 2022. However, Industry sources have identified Baker Hughes as the preferred bidder to supply the required subsea trees for CNOOC’s Lingshui 25-1 development.
• Major projects to watch in 1Q 2021 include Shell’s Gato do Mato, Enauta’s Atlanta field, TotalEnergies’ North Platte development (USA) and its Lapa South West project (Brazil).
• Our full-year, 2022-2026 subsea tree demand outlook is currently at 1,465 units, a 6% increase compared to last month’s forecast. This uptick is driven predominantly by CNOOC’s development plan for its shallow water Qinhuangdao (QHD) 29-2 field located in Bohai Bay offshore China.