Hunting wins $63.5m subsea orders for Guyana offshore development

Hunting has won $63.5m of orders for its titanium stress joint product line, tied to a new offshore development in Guyana.

The work will be carried out by the group’s Subsea Spring business unit, with delivery running through to May 2028 and revenue recognition beginning in the second half of 2026.

- Advertisement -

The deal will provide a notable boost to revenue, which came in at just above $1bn in 2025.

This award sits on top of $4.4m of orders already secured by Hunting’s Stafford and Flexible Engineered Solutions units for the same development since December 2025, with further incremental orders expected through the remainder of this year.

The contracts highlight growing traction for Hunting’s TSJ technology, which is used on FPSO vessels and is a core part of the company’s strategy to capture a larger share of spending on major subsea projects.

Today’s deal demonstrates the group’s push to offer a broader suite of solutions across the full life cycle of offshore wells, positioning itself as a more integrated supplier to the major oil and gas companies and their service partners.

- Advertisement -

Jim Johnson, Chief Executive or Hunting, said: “Our TSJ product line, which is a critical component for offshore developments, continues to be adopted on key offshore projects utilising FPSOs, given the maintenance benefits and reliability offered.

“We would like to thank our partner in Guyana for its continued confidence in our product offering and look forward to working together in the future with our range of products and solutions.

“This order also contributes to our guided subsea product group revenue and EBITDA through to 2028, as published at our subsea investor event held in January 2026.”

Latest News

More Articles Like This