The Global Oil & Gas Subsea Umbilicals Market was valued at USD 3,348 Million in 2024 and is projected to reach USD 5,366 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period (2025–2032). This robust growth is fueled by expanding deepwater and ultra-deepwater exploration activities, the increasing demand for subsea infrastructure, and technological advancements in materials and design.

As the offshore oil and gas industry pushes into deeper and more challenging environments, the critical role of subsea umbilicals—the lifelines connecting subsea production systems to surface facilities—has never been more pronounced. In this blog, we profile the Top 10 Companies in the Oil & Gas Subsea Umbilicals Industry, a group of engineering specialists and manufacturing leaders driving innovation and reliability in the global energy sector.

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🔟 1. Oceaneering International, Inc.

Headquarters: Houston, Texas, USA
Key Offering: Steel Tube Umbilicals, Thermoplastic Hose Umbilicals, Power Umbilicals, ROV Services

Oceaneering is a global leader in engineered services and products for the offshore energy industry. Its Umbilicals and Rigging segment designs, manufactures, and installs some of the world’s most complex subsea umbilical systems, serving major operators in harsh environments like the North Sea and Gulf of Mexico.

Technological Innovation:

• Pioneer in dynamic steel tube umbilicals for deepwater applications

• Advanced fiber optic integration for real-time subsea monitoring

• Proprietary fatigue-resistant designs for extended service life

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9️⃣ 2. Aker Solutions ASA

Headquarters: Fornebu, Norway
Key Offering: Integrated Umbilicals, Subsea Production Systems, Lifecycle Services

Aker Solutions is a leading integrated service provider with a strong foothold in the subsea market. The company specializes in integrated umbilicals that combine power, chemicals, and communications, often as part of larger subsea tree and manifold packages.

Technological Innovation:

• Leader in all-electric subsea system umbilicals

• Focus on standardized, modular umbilical designs for cost efficiency

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Oil & Gas Subsea Umbilicals Market – View in Detailed Research Report

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8️⃣ 3. Nexans S.A.

Headquarters: Paris, France
Key Offering: Power Umbilicals, HV Cables, Fiber Optic Umbilicals, Installation Services

Nexans is a global player in the cable and umbilical industry, with a significant presence in the subsea sector. The company’s expertise spans the entire value chain, from design and manufacturing to installation and maintenance, with a strong focus on high-voltage power transmission for long-step outs.

Technological Innovation:

• Expertise in long-distance HV power umbilicals (>100 km)

• Development of umbilicals for offshore renewable energy projects

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7️⃣ 4. Technip Energies N.V.

Headquarters: Nanterre, France
Key Offering: Integrated Umbilicals, Risers, Flowlines (iEPCI), Subsea Hardware

Technip Energies offers integrated engineering, procurement, construction, and installation (iEPCI) services for subsea projects. The company provides comprehensive umbilical solutions as part of its integrated subsea systems, leveraging its project management expertise for complex deepwater developments.

Technological Innovation:

• Integrated approach combining umbilicals with rigid and flexible pipes

• Focus on deepwater and ultra-deepwater HP/HT applications

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6️⃣ 5. Prysmian Group

Headquarters: Milan, Italy
Key Offering: Power Cables, Fiber Optic Umbilicals, HV Subsea Systems

Prysmian Group is a world leader in the energy and telecom cable systems industry. Its subsea division specializes in high-voltage power cables and umbilicals, with a growing portfolio in inter-array cables for offshore wind farms alongside traditional oil and gas applications.

Technological Innovation:

• Advanced HV and E-HV cable technology for subsea power transmission

• Cross-industry technology transfer between oil & gas and renewables

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5️⃣ 6. Subsea 7 S.A.

Headquarters: London, United Kingdom
Key Offering: Umbilical Installation, SURF (Subsea Umbilicals, Risers, Flowlines), Life of Field Support

Subsea 7 is a global leader in the delivery of offshore projects and services for the energy industry. The company specializes in the engineering, construction, and installation of umbilicals as part of its integrated SURF packages, with a strong track record in complex deepwater projects.

Technological Innovation:

• Integrated project delivery for large-scale subsea developments

• Advanced installation techniques for deepwater environments

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Oil & Gas Subsea Umbilicals Market – View in Detailed Research Report

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4️⃣ 7. Vallourec S.A.

Headquarters: Boulogne-Billancourt, France
Key Offering: Premium Steel Tube Umbilicals, OCTG Products, Subsea Components

Vallourec is a world leader in premium tubular solutions for the energy industry. The company’s subsea umbilicals division leverages its expertise in high-performance steel tubes to manufacture durable umbilical systems capable of withstanding extreme pressures and corrosive environments.

Technological Innovation:

• Specialization in corrosion-resistant alloy umbilicals for harsh environments

• High-integrity steel tubes for HP/HT applications

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3️⃣ 8. Parker Hannifin Corp.

Headquarters: Cleveland, Ohio, USA
Key Offering: Thermoplastic Hose Umbilicals, Fluid Connectors, Filtration Systems

Parker Hannifin’s Fluid System Connectors division is a key player in thermoplastic hose umbilicals. The company provides reliable, cost-effective solutions for medium-depth applications, with a strong presence in the North American market and expanding global reach.

Technological Innovation:

• Innovations in reinforced thermoplastic hose technology

• Quick-connect systems for simplified installation and maintenance

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2️⃣ 9. Cortland

Headquarters: Cortland, New York, USA
Key Offering: Synthetic Ropes, Marine Cables, Custom Umbilicals

Cortland is a specialized manufacturer of advanced synthetic and electro-optical-mechanical umbilicals. The company focuses on custom-engineered solutions for specific project requirements, particularly in dynamic applications where weight and fatigue performance are critical.

Technological Innovation:

• Lightweight synthetic umbilical designs for floating applications

• Custom electro-optical-mechanical umbilical engineering

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1️⃣ 10. Orient Cable

Headquarters: Hangzhou, China
Key Offering: Subsea Power Cables, Fiber Optic Cables, Umbilical Systems

Orient Cable (OCC) is a leading Chinese manufacturer of wire and cable products, with a growing presence in the subsea umbilicals market. The company benefits from strong domestic demand in Asia-Pacific and increasing exports to international markets, offering competitive solutions for various offshore applications.

Technological Innovation:

• Cost-competitive manufacturing for medium-depth applications

• Expanding capabilities in integrated power and communication umbilicals

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Oil & Gas Subsea Umbilicals Market – View in Detailed Research Report

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🌍 Outlook: The Future of Subsea Umbilicals Is Smarter and More Integrated

The oil & gas subsea umbilicals market is undergoing a significant transformation. While traditional steel tube umbilicals continue to dominate deepwater applications, the industry is rapidly adopting new materials, digital technologies, and integrated system approaches.

📈 Key Trends Shaping the Market:

• Accelerated adoption of all-electric subsea control systems

• Growing integration of fiber optics for real-time data and monitoring

• Expansion into offshore renewable energy applications

• Development of standardized, modular umbilical designs for cost reduction

Get Full Report Here:
Oil & Gas Subsea Umbilicals Market – View in Detailed Research Report

The companies profiled above are not only enabling deepwater energy production—they’re pioneering the next generation of subsea technology that will power both traditional and renewable offshore operations for decades to come.