Top 10 Offshore Equipment Manufacturers & Suppliers

China CSSC Holdings Limited is the flagship listed shipbuilding arm of China State Shipbuilding Corporation (CSSC), the world's largest shipbuilding group by output, headquartered in Shanghai's Pudong New Area. Following the landmark 2025 merger that absorbed China Shipbuilding Industry Corporation (CSIC) assets, CSSC Holdings controls seven major shipyards and 15 supporting enterprises, including Jiangnan Shipyard, Hudong-Zhonghua, and Shanghai Waigaoqiao, with a 2025 revenue of CNY 152.0 billion and net profit up 86% year…

HD Korea Shipbuilding & Offshore Engineering is the intermediate holding company of HD Hyundai's shipbuilding empire, widely regarded as the world's technology benchmark for high-value merchant and offshore vessels. In 2025 the group generated KRW 29.93 trillion (~USD 21.99 billion) in revenue and, driven by dense deliveries of premium LNG carriers, VLCCs and eco-friendly tonnage, posted record operating profit above KRW 3.9 trillion. It became the first shipbuilder in history to deliver 5,000 cumulative vessels, securing 137 new orders for the year and extending its streak…

Seatrium is South-east Asia's largest pure-play offshore engineering group and one of the few "super factories" on earth able to build several hundred-thousand-tonne FPSO hulls and gigawatt-scale offshore wind converter platforms at the same time. Formed in 2023 from the merger of Sembcorp Marine and Keppel Offshore & Marine — two yards with roots back to the 1960s — the Singapore-listed group reported 2025 revenue of S$11.47 billion (about USD 8.6 billion), doubled its net profit to S$324 million, and carried more than 24 major offshore constructi…

Few companies on this list are as purely offshore as TechnipFMC, the UK-incorporated, Houston-domiciled group created in 2017 from the merger of FMC Technologies and Technip. Virtually all of its revenue is generated by subsea production systems, flexible pipe and subsea installation — making it the offshore industry's most focused pure-play. TechnipFMC owns the world's most advanced flexible-pipe plants in Brazil and France, controls the full metal-machining and testing chain for subsea trees and manifolds, and operates a dedicated fleet of pipela…

Baker Hughes Company has evolved from an oilfield-services stalwart into an industrial-energy technology leader, holding a dominant niche in centrifugal and axial compressors, flow monitoring, and LNG process equipment. In 2025 the Houston-based firm generated $27.73 billion in revenue, with its Industrial & Energy Technology (IET) segment winning $14.9 billion in orders and a record $32.4 billion backlog.

In subsea production, Baker Hughes holds roughly 26% of the global subsea services market, delivering integrated …

Samsung Heavy Industries ranks among the world's largest commercial shipbuilders and is the global benchmark for LNG carrier and FLNG construction, leveraging Samsung Group's electronics and IT resources for digital shipbuilding. In 2025 the company booked KRW 10.70 trillion (~USD 8.0 billion) of revenue, roughly doubling net profit to KRW 545.5 billion and lifting gross margin from 8.7% to 11.7%, a decisive recovery from earlier industry trough losses. It closed the year with 133 vessels worth USD 28.6 billion in backlog and won 43 new ships (USD 7.9 billion) during 2025, …

Aker Solutions is the North Sea's most complete heavy-weights offshore manufacturer, a Norwegian engineering and fabrication group whose roots run back to the Akers Mekaniske Verksted shipyard founded in 1841. Headquartered in Lysaker near Oslo, the company designs and builds platform topsides, jackets and FPSO modules in its own Norwegian yards at Stord, Egersund and Verdal, and is a European leader in floating offshore wind foundations and carbon-capture offshore platforms. In 2025 revenue rose 19% to NOK 63.2 billion with new orders of NOK 66.4 …

NOV Inc., formerly National Oilwell Varco, is the world's largest supplier of offshore drilling packages, heavy-lift cranes and well-control equipment, and the company behind the machinery that drills and services most of the planet's offshore wells. Tracing its lineage to 1862, the Houston-based manufacturer builds drilling packages, compensation and lifting systems, jack-up leg rack-and-pinion gears, subsea BOPs and flexible pipe in its own plants across the United States, Norway, Denmark and China. In 2025 the company generated USD 8.74 billion of revenu…

ZPMC — Shanghai Zhenhua Heavy Industries — is China's dominant builder of heavy offshore vessels, giant cranes and wind-power installation platforms, and the manufacturer behind a large share of the world's port and offshore lifting machinery. Founded in 1992 and listed on the Shanghai Stock Exchange (600320), the company operates a vast Changxing Island production base with 5 kilometres of deep-water coastline, supported by additional manufacturing at Qidong and Nantong. Its product line spans 5,000-tonne-class heavy-lift pipelay vessels, jack-up and semi-submersi…

CIMC Raffles is the high-end offshore engineering platform of CIMC Group, and the Chinese yard best known for the ultra-deepwater dual-derrick semi-submersible drilling platform "Blue Whale 1". Based in Yantai, Shandong, with origins in a 1977 shipyard, the company operates three fabrication bases in Yantai, Haiyang and Longkou covering more than three million square metres, including the 20,000-tonne-capacity "Taishan" gantry crane — among the largest in the world. It builds ultra-deepwater semi-submersibles, FPSO topside modules, jack-up platforms and floating of…