There were *** subsea trees installed around the world in 2024. These oil drilling systems, which are used for deepwater exploration and production, are especially prominent off the coast of South America. By 2028, it is forecast that South America will host around *** subsea trees, up from ** in 2024.
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Valaris. (June 16, 2025). Number of subsea trees for oil drilling installed worldwide in 2024, with a forecast for 2025 and 2028, by region [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 24, 2026, from /statistics/1621612/global-subsea-tree-installations-by-region/
Valaris. "Number of subsea trees for oil drilling installed worldwide in 2024, with a forecast for 2025 and 2028, by region." Chart. June 16, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 24, 2026. /statistics/1621612/global-subsea-tree-installations-by-region/
Valaris. (2025). Number of subsea trees for oil drilling installed worldwide in 2024, with a forecast for 2025 and 2028, by region. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 24, 2026. /statistics/1621612/global-subsea-tree-installations-by-region/
Valaris. "Number of Subsea Trees for Oil Drilling Installed Worldwide in 2024, with a Forecast for 2025 and 2028, by Region." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 16 Jun 2025, /statistics/1621612/global-subsea-tree-installations-by-region/
Valaris, Number of subsea trees for oil drilling installed worldwide in 2024, with a forecast for 2025 and 2028, by region ÌÇÐÄÆÆ½â°æ, /statistics/1621612/global-subsea-tree-installations-by-region/ (last visited July 24, 2026)
Number of subsea trees for oil drilling installed worldwide in 2024, with a forecast for 2025 and 2028, by region [Graph], Valaris, June 16, 2025. [Online]. Available: /statistics/1621612/global-subsea-tree-installations-by-region/