The Global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market was valued at USD 12.85 Billion in 2024 and is projected to reach USD 17.32 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2024–2030). This growth is driven by increasing investments in deepwater and ultra-deepwater exploration, the need to replace aging offshore infrastructure, and the continuous expansion of subsea tie-backs to maximize the value of existing assets.

As the offshore energy sector pushes into more challenging environments, the criticality of robust and reliable SURF systems has never been greater. These components form the lifelines of subsea production, transmitting power, chemicals, and data, while transporting hydrocarbons from the seabed to processing facilities. In this blog, we profile the Top 10 Companies in the Oil & Gas SURF Industry—technology innovators and engineering giants shaping the future of subsea operations worldwide.

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🔟 1. TechnipFMC plc

Headquarters: London, United Kingdom / Houston, Texas, USA
Key Offering: Integrated SURF solutions, Subsea 2.0 systems, Umbilicals, Risers, Flowlines

TechnipFMC is a global leader in integrated subsea projects, offering a comprehensive portfolio of SURF products and services. The company’s integrated approach, combining its strengths in subsea production systems, umbilicals, and flexible pipes, enables more efficient and cost-effective project execution for clients.

Innovation Initiatives:

• Pioneering Subsea 2.0 and all-electric subsea systems

• Development of iEPCI™ (integrated Engineering, Procurement, Construction, and Installation)

• Investments in digital twin technology for subsea asset management

Download FREE Sample Report: Global Oil & Gas Subsea Umbilicals, Risers & Flowlines Market – View in Detailed Research Report

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9️⃣ 2. Subsea 7 S.A.

Headquarters: London, United Kingdom
Key Offering: SURF and Conventional services, Pipeline installation, Umbilical installation

Subsea 7 is a leading global contractor in seabed-to-surface engineering, construction, and services. The company specializes in the engineering and installation of subsea umbilicals, risers, and flowlines, managing complex projects from concept to commissioning.

Innovation Initiatives:

• Focus on life-of-field services and decommissioning

• Investment in advanced pipelay and construction vessels like the Seven Vega

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8️⃣ 3. Saipem S.p.A.

Headquarters: Milan, Italy
Key Offering: Offshore E&C, SURF, Subsea drilling services

Saipem is a key player in the engineering and construction of offshore oil and gas projects. Its SURF division is renowned for executing large-scale, complex projects in harsh environments, including the Arctic and ultra-deepwater fields.

Innovation Initiatives:

• Development of shallow and deepwater FLNG solutions

• Advanced robotics and autonomous underwater vehicle (AUV) technologies

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7️⃣ 4. Baker Hughes Company

Headquarters: Houston, Texas, USA
Key Offering: Subsea production systems, Umbilicals, Flow control equipment

Baker Hughes provides a wide range of subsea equipment and services, including advanced umbilicals and production systems. The company’s subsea solutions are designed to enhance recovery, increase efficiency, and reduce the total cost of ownership for offshore operators.

Innovation Initiatives:

• Subsea Connect, an integrated approach to subsea development

• Digital solutions for subsea monitoring and optimization

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6️⃣ 5. Aker Solutions ASA

Headquarters: Fornebu, Norway
Key Offering: Subsea production systems, Umbilicals, Risers, Maintenance services

Aker Solutions is a leading supplier of subsea production systems and services, with a strong focus on the North Sea and other harsh environment markets. The company’s expertise in umbilicals and subsea trees is critical for modern offshore developments.

Innovation Initiatives:

• eSubsea™ all-electric subsea production system

• Subsea gas compression and processing technologies

Download FREE Sample Report: Global Oil & Gas Subsea Umbilicals, Risers & Flowlines Market – View in Detailed Research Report

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5️⃣ 6. Prysmian Group

Headquarters: Milan, Italy
Key Offering: Subsea power cables, Umbilicals, Fiber optic cables

Prysmian Group is a world leader in the energy and telecom cable systems industry. Its subsea division manufactures advanced umbilicals and power cables that are essential for offshore oil and gas production, as well as the growing offshore wind sector.

Innovation Initiatives:

• Development of high-voltage DC and AC subsea cable systems

• Integrated solutions for offshore power transmission

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4️⃣ 7. Nexans S.A.

Headquarters: Paris, France
Key Offering: Subsea umbilicals, Power cables, Fiber optic solutions

Nexans is a global player in advanced cable and umbilical systems for the subsea industry. The company provides integrated solutions that combine power, signal, and fluid conduits, supporting complex subsea production networks.

Innovation Initiatives:

• Focus on lifecycle management of subsea cable assets

• Innovations in cable laying and protection technologies

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3️⃣ 8. Oceaneering International, Inc.

Headquarters: Houston, Texas, USA
Key Offering: Subsea umbilicals, ROV services, Asset integrity solutions

Oceaneering is a leading provider of engineered services and products, primarily to the offshore energy industry. Its umbilical and riser solutions are complemented by a vast fleet of remotely operated vehicles (ROVs) for installation and maintenance.

Innovation Initiatives:

• Advanced ROV and autonomous underwater vehicle technology

• Subsea robotics and intervention services

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2️⃣ 9. JDR Cable Systems Ltd. (Part of TFKable Group)

Headquarters: Hartlepool, United Kingdom
Key Offering: Subsea umbilicals, Power cables, Hybrid cables

JDR Cable Systems specializes in the design, manufacture, and supply of subsea umbilicals and power cables. The company is known for its innovative approach to complex umbilical solutions, serving both the oil and gas and renewable energy sectors.

Innovation Initiatives:

• Development of dynamic and static umbilicals for harsh environments

• Integrated solutions for offshore wind farm inter-array cables

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1️⃣ 10. Vallourec S.A.

Headquarters: Boulogne-Billancourt, France
Key Offering: Premium tubular solutions, Risers, Flowlines

Vallourec is a world leader in premium tubular solutions for the energy industry. The company provides high-performance risers and flowlines designed to withstand the extreme pressures and corrosive environments of deepwater and ultra-deepwater fields.

Innovation Initiatives:

• VAM® premium connections for enhanced integrity

• Development of corrosion-resistant alloys for demanding applications

Read Full Report: Global Oil & Gas Subsea Umbilicals, Risers & Flowlines Market – View in Detailed Research Report

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🌍 Outlook: The Future of SURF Is Deeper, Smarter, and Greener

The Oil & Gas SURF market is undergoing a significant transformation. While traditional oil and gas projects continue to drive demand, the industry is increasingly focused on cost efficiency, digitalization, and sustainability. The integration of renewable energy sources and the electrification of subsea facilities are becoming key trends.

📈 Key Trends Shaping the Market:

• Accelerated investment in deepwater and ultra-deepwater projects in Brazil, Guyana, and West Africa

• Increased adoption of all-electric subsea systems to reduce emissions and operational costs

• Digital twin technology for real-time monitoring and predictive maintenance of subsea assets

• Growing synergy between offshore oil & gas SURF expertise and offshore wind farm cable laying

Read Full Report: Global Oil & Gas Subsea Umbilicals, Risers & Flowlines Market – View in Detailed Research Report

The companies listed above are not only enabling the production of offshore energy—they are driving the technological evolution of the subsea industry, making it safer, more efficient, and more sustainable for the future.