Guyana is among the high-growth offshore markets expected to require more than 100 subsea trees by 2030, according to Westwood Global Energy Group in an April 13 LinkedIn post.
“High-growth markets including Australia, China, and Guyana are each expected to exceed 100 units by 2030,” the firm said.
The projection aligns with the country’s expanding offshore development pipeline, where multiple projects are being executed and planned within the Stabroek Block, operated by ExxonMobil.
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Developments already in motion include Uaru, targeted for startup in 2026, and Whiptail, expected in 2027. Beyond these, Hammerhead is scheduled for startup in 2029, while Longtail, which is expected to focus on gas and condensate, is being advanced for around 2030. An additional project, anchored to the Haimara gas field, is in the planning stage and is expected to extend development activity into the next decade.
Westwood said subsea tree demand is rising globally, with 60 units awarded so far in 2026.
“Subsea tree demand is building steadily, with a strong pipeline shaping the years ahead,” the firm stated. The largest award so far this year was tied to CNOOC International’s Kaiping 18-1 development.
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Westwood said attention is now turning to second-quarter contract decisions, including Eni’s Geng North and Gendalo-Gendang developments offshore Indonesia, further subsea activity from Petrobras through existing agreements with Baker Hughes and TechnipFMC, and Conrad Asia Energy’s Mako gas field.
Over the 2026 to 2030 period, Westwood projects demand for about 1,375 subsea trees worldwide, or roughly 275 units per year.
The firm said around 40% of that demand will come from offshore hubs in Brazil, Norway, and Nigeria.
