Engineering firm Hunting PLC has announced $38million (£29.4million) in contract wins, including two major decommissioning projects in the North Sea.
The subsea technology contracts in the North Sea are through the group's Enpro business, and include the possibility of further orders being awarded next year.
In an update to shareholders, Hunting said: "The group's Enpro business has been successful in expanding its end-markets with the securing of decommissioning contracts with two clients in the North Sea, totalling c.$23 million.
"The clients will utilise Hunting's proprietary solutions for the attic oil recovery phase of these decommissioning projects, which are designed to safely access fluids contained in gravity-based concrete cell structures, which form part of the infrastructure of oil and gas fields.
"These awards are part of multi-year decommissioning programmes in the North Sea, with the possibility of further orders being awarded in 2026.
"The awards demonstrate Enpro's ability to provide subsea solutions from first-production to decommissioning, utilising the company's modular product solutions."
Hunting also secured a new order for its titanium stress joints for a project in what is now called the Gulf of America.
That order, with a major new client, is worth around $15million.
Jim Johnson, chief executive of Hunting, said: "The progress delivered by our subsea businesses during Q1 2025 demonstrates that our widening product offering accesses the whole lifecycle of an oil and gas field, from first-production to abandonment.
"Further, with the securing of new titanium stress joint orders with a new client in the Gulf of Mexico, Hunting has demonstrated that our leading riser solution is increasingly being adopted by the majors and large Independents operating in deepwater regions."
The new orders and contracts total around $38million, bringing the subsea technologies sales order book from $72.5million at December 31 2024 to around $85million at March 31 2025.
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