Global Subsea Tree Orders Slump, but Guyana Remains a Key Growth Engine
Global Subsea Tree Orders Slump, but Guyana Remains a Key Growth Engine Global orders for subsea tree units — critical components of offshore oil production — have hit their lowest level since 2020, with only 97 units awarded in the first seven months of 2025. A subsea tree, sometimes referred to as a “Christmas tree,” […]