en.Wedoany.com Reported - ExxonMobil's Longtail project, offshore Guyana, is one of the key projects driving global subsea tree contract activity in the second half of 2026. Westwood Global Energy Group notes that as offshore operators advance large-scale developments requiring subsea production equipment, Longtail represents a critical source of future demand. Subsea trees are installed on wellheads on the seabed to control oil and gas flow, forming part of the production system that connects subsea wells to offshore processing facilities.
Westwood reports that 87 subsea tree orders have been awarded globally so far in 2026. Recent awards include a contract for Baker Hughes to supply up to 17 subsea trees for Azule Energy's Greater PAJ project; TechnipFMC secured contracts covering Equinor's Omega South, Tyrihans Nord, and Brime fields, as well as another contract for Vår Energi's Cerisa development offshore Norway; and OneSubsea was selected to supply subsea trees for Equinor's Troll West IGR North project.
Westwood expects additional orders in the coming weeks for Eni's Baleine Phase 3 development offshore Côte d'Ivoire and the Geng North project offshore Indonesia. Activity is expected to further strengthen in the second half of 2026 as operators advance Longtail, TotalEnergies' Venus development offshore Namibia, Chevron's Agbami infill drilling project in Nigeria, and Vår Energi's Balder Next project.
Westwood maintains its base-case forecast that global demand for subsea trees will total approximately 1,380 units between 2026 and 2030. Brazil, Norway, and Nigeria are expected to account for about 40% of global demand during this period. The Longtail project is expected to mark Guyana's entry into non-associated gas development, linked to discoveries in the southeastern part of the Stabroek block, including Haimara, which is expected to form part of the ninth offshore project. The project is expected to produce approximately 1.2 billion cubic feet of natural gas and about 250,000 barrels of condensate per day, with production scheduled to begin in 2030 and expected to last approximately 30 years. ExxonMobil operates the Stabroek block with a 45% interest, Hess Corporation, a Chevron subsidiary, holds 30%, and CNOOC Limited holds 25%.
