Aker Kvaerner has been awarded a contract to supply 18 subsea christmas trees to Petrobras under the current frame agreement. The contract has a value of approximately US $50 million. The scope of ...

Used on offshore oil and gas fields, a subsea tree monitors and controls the production of a subsea well. Fixed to the wellhead of a completed well, subsea trees can also manage fluids or gas injected ...

Norway’s Equinor is targeting technological qualification within the next few years of an all-electric subsea xmas tree that could facilitate less costly field developments both in deep-water plays ...

A rapid rise in subsea tree installations is projected for the global offshore industry in the coming years, as operators are poised to boost expenditure substantially on subsea equipment and ...