Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Grand View Research | PRODUCT CODE: 1888988

Cover Image

PUBLISHER: Grand View Research | PRODUCT CODE: 1888988

Africa Offshore Subsea Wellheads Market Size, Share & Trends Analysis Report By Water Depth (Shallow Water (Up To 500 Meters), Deepwater (500 To 1,500 Meters), Ultra-Deepwater (>1,500 Meters)), By Country, And Segment Forecasts, 2025 - 2033

PUBLISHED:
PAGES: 120 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Unprintable PDF & Excel (Single User License)
USD 3950
Printable PDF & Excel (5-User License)
USD 4950
Printable PDF & Excel (Enterprise License)
USD 6950

Add to Cart

Africa Offshore Subsea Wellheads Market Summary

The Africa offshore subsea wellheads market size was estimated at approximately USD 2.58 billion in 2024 and is projected to reach USD 4.81 billion by 2033, growing at a CAGR of 8.9% from 2025 to 2033. Growth is driven by increasing offshore exploration and development activities, rising investments in deepwater and ultra-deepwater assets, and renewed interest from international oil companies (IOCs) in untapped reserves across West and East Africa.

Subsea wellheads remain a critical component for offshore field development, enabling safe pressure containment, reliable drilling operations, and long-term production integrity in technically challenging environments. The expansion of deepwater drilling campaigns, combined with advancements in construction technologies and improved reliability of subsea equipment, is further driving market demand. Additionally, advancements in high-pressure, high-temperature (HPHT) wellhead systems, corrosion-resistant alloys, and modular subsea architectures are helping operators reduce operational risks and extend field life, supporting the sustained adoption of these technologies across the region's offshore portfolio.

In West Africa, market growth is driven by strong offshore activity in Angola, Nigeria, Ghana, and Equatorial Guinea, where major operators such as TotalEnergies, Chevron, ExxonMobil, and BP continue to invest in brownfield redevelopment and new project sanctioning. Deepwater blocks in Angola's Lower Congo Basin and Nigeria's offshore Niger Delta remain major contributors, supported by improved fiscal frameworks, marginal field development policies, and ongoing licensing rounds attracting foreign participation. The increasing redevelopment of mature fields, deployment of subsea tiebacks to existing FPSOs, and government-backed initiatives to accelerate offshore production are all enhancing demand for advanced subsea wellhead systems. Ghana and Senegal are also contributing to regional momentum through multi-phase developments, new well drilling programs, and an expanding pipeline of exploration prospects.

East and Southern Africa represent emerging growth hubs, driven by large-scale offshore gas discoveries in Mozambique and Tanzania, as well as frontier exploration in Namibia and South Africa. The Rovuma Basin in Mozambique continues to attract substantial attention as operators progress with LNG-linked offshore developments, which require high-integrity subsea wellheads for deepwater gas wells. Tanzania's renewed efforts to advance offshore LNG and upstream investment frameworks are also stimulating future demand. Meanwhile, Namibia's recent high-impact oil discoveries in the Orange Basin are expected to transition into appraisal and development phases, generating new opportunities for subsea infrastructure. As Africa's offshore landscape evolves with increasing deepwater activity, rising global energy demand, and improved regional regulatory support, the subsea wellheads market is emerging as a core enabler of future offshore production capacity and long-term energy security across the continent.

Africa Offshore Subsea Wellheads Market Report Segmentation

This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Africa offshore subsea wellheads market report based on water depth and country.

  • Water Depth Outlook (Revenue, USD Million, 2021 - 2033)
  • Shallow Water (Up to 500 meters)
  • Deepwater (500 to 1,500 meters)
  • Ultra-Deepwater (>1,500 meters)
  • Country Outlook (Revenue, USD Million, 2021 - 2033)
  • Africa
    • Angola
    • Nigeria
    • Egypt
    • Equatorial Guinea & Gabon
    • Senegal & Ghana
    • Mozambique
    • Mauritania
    • Tanzania
Product Code: GVR-4-68040-827-6

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Information Analysis
    • 1.3.2. Market Formulation & Data Visualization
    • 1.3.3. Data Validation & Publishing
  • 1.4. Research Scope and Assumptions
    • 1.4.1. List of Data Water Depths

Chapter 2. Executive Summary

  • 2.1. Market Snapshot
  • 2.2. Segmental Outlook
  • 2.3. Competitive Outlook

Chapter 3. Market Variables, Trends, and Scope

  • 3.1. Market Lineage Outlook
  • 3.2. Penetration & Growth Prospect Mapping
  • 3.3. Value Chain Analysis
  • 3.4. Regulatory Framework
    • 3.4.1. Standards & Compliance
    • 3.4.2. Regulatory Impact Analysis
  • 3.5. Market Dynamics
    • 3.5.1. Market Driver Analysis
    • 3.5.2. Market Restraint Analysis
    • 3.5.3. Market Opportunities
    • 3.5.4. Market Challenges
  • 3.6. Porter's Five Forces Analysis
    • 3.6.1. Bargaining Power of Suppliers
    • 3.6.2. Bargaining Power of Buyers
    • 3.6.3. Threat of Substitution
    • 3.6.4. Threat of New Entrants
    • 3.6.5. Competitive Rivalry
  • 3.7. PESTLE Analysis
    • 3.7.1. Political
    • 3.7.2. Economic
    • 3.7.3. Social Landscape
    • 3.7.4. Technology
    • 3.7.5. Environmental
    • 3.7.6. Legal

Chapter 4. Africa Offshore Subsea Wellheads Market: Water Depth Estimates & Trend Analysis

  • 4.1. Africa Offshore Subsea Wellheads Market: Water Depth Movement Analysis, 2024 & 2033
  • 4.2. Shallow Water (Up to 500 meters)
    • 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
  • 4.3. Deepwater (500 to 1,500 meters)
    • 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
  • 4.4. Ultra-Deepwater (>1,500 meters)
    • 4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)

Chapter 5. Africa Offshore Subsea Wellheads Market: Country Estimates & Trend Analysis

  • 5.1. Country Analysis, 2024 & 2033
  • 5.2. Africa
    • 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
    • 5.2.2. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
    • 5.2.3. Angola
      • 5.2.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
      • 5.2.3.2. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
    • 5.2.4. Nigeria
      • 5.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
      • 5.2.4.2. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
    • 5.2.5. Egypt
      • 5.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
      • 5.2.5.2. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
    • 5.2.6. Equatorial Guinea & Gabon
      • 5.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
      • 5.2.6.2. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
    • 5.2.7. Senegal & Ghana
      • 5.2.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
      • 5.2.7.2. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
    • 5.2.8. Mozambique
      • 5.2.8.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
      • 5.2.8.2. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
    • 5.2.9. Mauritania
      • 5.2.9.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
      • 5.2.9.2. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
    • 5.2.10. Tanzania
      • 5.2.10.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
      • 5.2.10.2. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)

Chapter 6. Competitive Landscape

  • 6.1. Recent Developments By Key Market Participants
  • 6.2. Company Categorization
  • 6.3. List of Key Component Suppliers & Channel Partners
  • 6.4. Company Market Share & Positioning Analysis, 2024
  • 6.5. Heat Map Analysis
  • 6.6. Vendor Landscape
    • 6.6.1. List of Raw Material Suppliers
    • 6.6.2. List of Distributors/Traders
    • 6.6.3. List of Other Prominent Manufacturers
  • 6.7. List of Prospective End Users
  • 6.8. Strategy Mapping
  • 6.9. Company Profiles/Listing
    • 6.9.1. Aker Solutions
      • 6.9.1.1. Company Overview
      • 6.9.1.2. Financial Performance
      • 6.9.1.3. Product Benchmarking
    • 6.9.2. Baker Hughes
      • 6.9.2.1. Company Overview
      • 6.9.2.2. Financial Performance
      • 6.9.2.3. Product Benchmarking
    • 6.9.3. Dril-Quip
      • 6.9.3.1. Company Overview
      • 6.9.3.2. Financial Performance
      • 6.9.3.3. Product Benchmarking
    • 6.9.4. Expro Group
      • 6.9.4.1. Company Overview
      • 6.9.4.2. Financial Performance
      • 6.9.4.3. Product Benchmarking
    • 6.9.5. Halliburton
      • 6.9.5.1. Company Overview
      • 6.9.5.2. Financial Performance
      • 6.9.5.3. Product Benchmarking
    • 6.9.6. NOV Inc. (National Oilwell Varco)
      • 6.9.6.1. Company Overview
      • 6.9.6.2. Financial Performance
      • 6.9.6.3. Product Benchmarking
    • 6.9.7. SLB (Schlumberger)
      • 6.9.7.1. Company Overview
      • 6.9.7.2. Financial Performance
      • 6.9.7.3. Product Benchmarking
    • 6.9.8. TechnipFMC
      • 6.9.8.1. Company Overview
      • 6.9.8.2. Financial Performance
      • 6.9.8.3. Product Benchmarking
    • 6.9.9. Trendsetter Engineering
      • 6.9.9.1. Company Overview
      • 6.9.9.2. Financial Performance
      • 6.9.9.3. Product Benchmarking
    • 6.9.10. Weatherford International
      • 6.9.10.1. Company Overview
      • 6.9.10.2. Financial Performance
      • 6.9.10.3. Product Benchmarking
Product Code: GVR-4-68040-827-6

List of Tables

  • TABLE 1 Africa offshore subsea wellheads market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 2 Africa offshore subsea wellheads market estimates & forecasts, in water depth, 2021 - 2033 (USD Million)
  • TABLE 3 Shallow Water (Up to 500 meters) market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 4 Deepwater (500 to 1,500 meters) market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 5 Ultra-Deepwater (>1,500 meters) market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 6 Africa offshore subsea wellheads market estimates & forecast, 2021 - 2033 (USD Million)
  • TABLE 7 Africa offshore subsea wellheads market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
  • TABLE 8 Angola offshore subsea wellheads market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 9 Angola offshore subsea wellheads market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
  • TABLE 10 Nigeria offshore subsea wellheads market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 11 Nigeria offshore subsea wellheads market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
  • TABLE 12 Egypt offshore subsea wellheads market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 13 Egypt offshore subsea wellheads market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
  • TABLE 14 Equatorial Guinea & Gabon offshore subsea wellheads market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 15 Equatorial Guinea & Gabon offshore subsea wellheads market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
  • TABLE 16 Senegal & Ghana offshore subsea wellheads market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 17 Senegal & Ghana offshore subsea wellheads market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
  • TABLE 18 Mozambique offshore subsea wellheads market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 19 Mozambique offshore subsea wellheads market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
  • TABLE 20 Mauritania offshore subsea wellheads market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 21 Mauritania offshore subsea wellheads market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
  • TABLE 22 Tanzania offshore subsea wellheads market estimates & forecasts, 2021 - 2033 (USD Million)
  • TABLE 23 Tanzania offshore subsea wellheads market estimates & forecasts by water depth, 2021 - 2033 (USD Million)

List of Figures

  • FIG. 1 Market segmentation
  • FIG. 2 Information procurement
  • FIG. 3 Data analysis models
  • FIG. 4 Market formulation and validation
  • FIG. 5 Data validating & publishing
  • FIG. 6 Market snapshot
  • FIG. 7 Segmental outlook - Water Depth
  • FIG. 8 Competitive Outlook
  • FIG. 9 Africa offshore subsea wellheads market outlook, 2021 - 2033 (USD Million)
  • FIG. 10 Value chain analysis
  • FIG. 11 Market dynamics
  • FIG. 12 Porter's Analysis
  • FIG. 13 PESTEL Analysis
  • FIG. 14 Africa offshore subsea wellheads market, by water depth: Key takeaways
  • FIG. 15 Africa offshore subsea wellheads market, by water depth: Market share, 2024 & 2033
  • FIG. 16 Africa offshore subsea wellheads market: country analysis, 2024 & 2033
  • FIG. 17 Africa offshore subsea wellheads market, by country: Key takeaways
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!