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StocksMedium•7 April 2026•

1 min read

Hunting PLC Secures $63.5 Million Subsea Orders for Guyana Offshore Project

Key Facts

1Hunting PLC was awarded orders totaling $63.5 million for its titanium stress joint (TSJ) product line.

2The orders are for a new offshore development in Guyana, with delivery scheduled through May 2028.

3Revenue recognition for these orders is expected to commence in the second half of 2026.

Hunting PLC has announced the acquisition of new orders totaling $63.5 million for its titanium stress joint (TSJ) product line. These orders are designated for a major new offshore development project located in Guyana, a key growth region for the energy sector. According to the company, the delivery schedule for these specialized components is set to continue through May 2028. Investors should note that revenue recognition from these contracts is expected to commence in the second half of 2026. This development strengthens Hunting's order backlog and provides significant long-term revenue visibility. The contract was awarded to the company's Subsea Spring business unit, highlighting its expertise in high-precision engineering for subsea environments.

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