The oilfield equipment market is going through major changes in 2025. Energy demand is still climbing, and upstream investments and activities are expanding across both conventional and unconventional resources.

The top oil field equipment suppliers and manufacturers, including SLB, ABB, Baker Hughes Company, Halliburton, Tenaris SA, and TechnipFMC plc, are central to keeping operations safe and efficient for offshore platforms or complex onshore wells.

Technology is playing a big role, too. Tools powered by AI, IoT, and modular systems are helping operators get more out of every well while cutting down on downtime and emissions. At the same time, supportive policies in regions like North America, Asia-Pacific, and Latin America are pushing new exploration projects forward.

In this list, we spotlight the top 10 oilfield equipment suppliers and manufacturers for 2025 according to their latest revenue.

Top 10 oil field equipment suppliers and manufacturers in the world (according to the latest revenue)

SLB

Schlumberger, now operating as SLB, is the largest oil field equipment supplier and service provider in the world according to the latest revenue generated. SLB supports the global oil and gas industry across the full lifecycle from exploration and drilling to production and decommissioning.

The company was founded in 1926 in France and is now incorporated in Curaçao with executive offices in Houston. The company operates in key markets including North America, Latin America, Europe, Africa, the Middle East, and Asia. Its offerings are centered around optimizing performance, improving reservoir access, and supporting energy transition initiatives such as methane management, flaring reduction, and carbon capture.

SLB delivers a wide range of products, services, and digital solutions that support upstream and midstream oilfield operations. These include:

• Open-hole and cased-hole wireline logging

• Drilling services and well construction

• Well completion and testing

• Artificial lift and production systems

• Cementing, coiled tubing, stimulation, and sand control

• Well intervention and plug & abandonment

• Integrated project management and consulting

• Carbon capture, utilization and storage (CCUS)

• Geothermal, hydrogen and energy storage systems

• AI, edge computing, and digital infrastructure for oilfield operations

• Subsurface data analysis, planning, and training

ABB

ABB Ltd is a global leader in electrification and automation technologies, serving critical industries including oil and gas. Headquartered in Zurich, Switzerland, and operating across Europe, the Americas, Asia, the Middle East and Africa, ABB provides integrated solutions that enhance operational efficiency, safety and sustainability.

Formed through the merger of ASEA (Sweden) and Brown, Boveri & Cie (Switzerland) in 1988, ABB has grown into a Fortune Global 500 company with a presence in over 100 countries. The company supplies advanced equipment and systems used across upstream, midstream and downstream oilfield operations, including offshore platforms, onshore facilities and pipelines.

ABB's solutions and services for the oil and gas sector include:

• Electrical products, drives, motors and generators

• Automation and control systems

• Digital solutions for process optimization

• Electrification infrastructure for offshore and onshore facilities

• Midstream pipeline automation and monitoring

• Energy-efficient technologies for refineries and processing plants

• Integration of carbon capture and storage (CCS) systems

• Global service and support through channel partners and distributors

Baker Hughes Company

Baker Hughes is one of the largest oil field equipment manufacturers and energy technology companies in the world. Headquartered in Houston and London, it operates in more than 120 countries, supporting both independent and national oil and gas companies.

The company supplies advanced equipment and integrated services for upstream exploration, drilling and production, as well as midstream and industrial applications. Baker Hughes plays a critical role in global energy development, combining decades of oilfield expertise with innovation in digital technology and emissions reduction.

Its portfolio spans traditional and digital oilfield solutions, helping clients improve operational efficiency and reduce environmental impact. Key offerings include:

• Drilling equipment and subsea production systems

• Compressors, pumps, valves and pipe systems

• Control systems and electricity generators

• Reservoir navigation and drilling automation services

• Process control and inspection technologies

• Sensor-based measurement and pipeline integrity solutions

• JewelSuite and xSight analytics platforms

• WellLink Real Time and Offset Well Analyzer

• Solutions for mature asset recovery

• Emissions abatement technologies and monitoring systems

Halliburton

Halliburton is one of the world's largest oilfield service companies and a leading oilfield equipment supplier. Headquartered in Houston and Dubai, it operates in over 70 countries and employs around 55,000 people.

Halliburton supports upstream oil and gas operations across the reservoir lifecycle from locating hydrocarbons and drilling to well construction, completion and production optimization. The company provides technical expertise and equipment for some of the most complex oilfield environments, including hydraulic fracturing, horizontal drilling and well intervention.

Halliburton’s oilfield equipment and services include:

• Drilling and formation evaluation solutions

• Cementing, stimulation and coiled tubing services

• Artificial lift and well integrity remediation

• Plug millout and hydraulic fracturing in unconventional wells

• Scale and deposition removal for flow assurance

• Water shutoff and sand consolidation for sustained production

• SPECTRUM® real-time well diagnostics

• Rotary steerable and gyro-while-drilling systems for accurate well placement

• FloConnect® surface automation for well testing and analysis

• CALIBR® flowback operations to enhance well performance

Tenaris SA

Tenaris S.A., headquartered in Luxembourg, is a global manufacturer and supplier of steel pipes and related services, primarily for the oil and gas industry. The company operates an integrated network of manufacturing, research, and service facilities across the Americas, Europe, the Middle East, Asia, and Africa.

It delivers over 4 million tons of pipe annually to some of the largest oil and gas companies and engineering firms involved in upstream, midstream, and downstream operations. Tenaris plays a key role in energy infrastructure development, providing essential components for both conventional and low-carbon energy projects.

Its product portfolio and services include:

• Casing and tubing for oil and gas drilling

• Line pipe for pipeline construction

• Mechanical and structural pipes for industrial applications

• Tubular components for geothermal and hydrogen storage systems

• Steel pipes for carbon capture and storage (CCS)

• Pipes and systems for waste-to-energy and power generation facilities

• Supply chain and logistics solutions for global energy operations

• Technical consulting and project support for pipe installation and integrity

TechnipFMC plc

TechnipFMC is one of the largest oilfield equipment suppliers specializing in subsea, offshore, and surface projects. Headquartered in the UK, with major operations in Houston and Paris, the company was formed by the merger of FMC Technologies and Technip.

TechnipFMC offers integrated systems and turnkey solutions that support drilling, production, measurement, and processing with operations in 48 countries with around 23,000 employees. Its services span project management, installation, consulting, and maintenance across upstream oil and gas operations.

TechnipFMC’s oilfield equipment and services include:

• Subsea systems and remotely operated vehicles (ROVs)

• Surface wellhead systems and production manifolds

• Compact and vessel-based oil, gas, sand, and water separation systems

• Flow measurement and automation solutions

• InLine ElectroCoalescer™ for enhanced liquid-liquid separation

• Pumps, skids and modular production systems

• UCOS software and control systems

• Automated well testing and real-time monitoring

• Safety solutions, including HIPPS and emergency shutdown valves

• Produced water treatment systems and sand management technologies

• iProduction™ and iAPS integrated digital onshore systems

• Turnkey systems for offshore and onshore production facilities

NOV Inc.

NOV Inc., formerly known as National Oilwell Varco, is a leading American manufacturer and supplier of oilfield equipment, technologies, and services. Based in Houston, Texas, NOV supports drilling, production, and supply chain operations across more than 500 locations in over 60 countries.

The company serves a broad client base, including drilling contractors, oilfield service companies, and energy producers, delivering complete systems and components for oil and gas operations. NOV operates through two key segments: Energy Equipment and Energy Products and Services.

NOV’s offerings in oilfield equipment and services include:

• Drilling rigs, rig systems, and wellbore technologies

• Subsea production systems and floating production equipment

• Coiled tubing units, pressure control systems, and nitrogen support equipment

• Artificial lift systems, cavity pumps, closures, and flowline equipment

• Fiberglass systems, pipe handling, and integrated tensioning systems

• Electric submersible pumps, surface pumps, and high-viscosity pumps

• Drilling motors, agitator systems, and downhole tools

• Roller cone bits, frac sleeves, dissolvable plugs, and borehole enlargement tools

• Solids control, waste management, and water handling systems

• Digital and composite solutions for drilling and production optimization

• Inspection, installation, commissioning, and field engineering services

Weatherford International plc

Weatherford International is one of the biggest oil field equipment suppliers and a global oilfield service provider headquartered in Houston, Texas. The company specializes in offering advanced equipment, technologies, and services for drilling, evaluation, completion, production, and intervention in oil and gas wells.

Weatherford delivers integrated solutions aimed at optimizing asset performance and lifecycle efficiency with a strong footprint across North America, Latin America, Europe, Africa, Russia, the Middle East, and the Asia-Pacific.

Core Capabilities:

Drilling and Evaluation: Weatherford delivers more than 2,500 wells and has drilled over 18 million feet globally. It provides proprietary drillpipe systems, including standard, premium, and aluminum-alloy designs, along with services that enhance drilling accuracy, safety, and efficiency.

Well Construction and Completions: The company offers intelligent downhole tools, liner systems, and cementing technologies that enable operators to construct durable wells while optimizing reservoir access and reducing risk.

Production and Intervention: With over 10,000 production-enhancing interventions and 200+ well abandonments annually, Weatherford delivers advanced artificial lift systems, stimulation services, and well integrity solutions. Its approach integrates automation and real-time analytics to extend well life and enhance production efficiency.

Aker Solutions

Aker Solutions ASA is a leading oilfield engineering and technology company based in Lysaker, Norway. It provides services and systems for the oil and gas industry across the full project lifecycle, from concept to decommissioning. The company operates globally and serves international, national, and independent oil and gas companies. Its expertise spans subsea production, offshore facilities, onshore terminals, and digital project delivery.

The company focuses on maximizing asset value, reducing environmental impact, and delivering reliable solutions in complex environments. Aker Solutions plays a growing role in low-carbon projects, including carbon capture, hydrogen, and renewables infrastructure. It executes projects in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Services and Equipment:

• Subsea production systems (trees, manifolds, control systems)

• Engineering, procurement, and construction of fixed and floating offshore platforms

• Design and construction of onshore receiving and processing facilities

• Maintenance, modifications, and decommissioning services

• Hook-up and completion of offshore facilities

• Carbon footprint assessments and life cycle assessments

• Digital solutions for project optimization and operational efficiency

• Concept studies, front-end, and detailed engineering

• Procurement, construction, and commissioning of oil and gas infrastructure

Vallourec

Vallourec is one of the biggest manufacturers of oilfield equipment in the world. Headquartered in France, the company supplies Oil Country Tubular Goods (OCTG), line pipe, and mechanical components for both onshore and offshore exploration and production. It developed the VAM® connection in 1965 and has since built a reputation for high-performance tubular solutions.

The company supports upstream operations in extreme environments, including deep wells, sour gas fields, and high-pressure/high-temperature applications. Vallourec also offers services and digital tools to enhance pipe integrity, reduce waste, and optimize drilling and production. It operates with a global industrial footprint and maintains long-term relationships with major oil and gas operators.

Products and Services:

• OCTG: Casing and tubing for conventional and extreme drilling environments

• Line pipe for onshore and offshore hydrocarbon transportation

• Risers for offshore drilling and production

• Seamless and welded tubes in carbon and alloy steel grades

• Sour service tubulars for high H2S environments

• Drilling equipment: liner systems, mud motors, safety valves

• Completion equipment: packers, perforating tools, safety valves

• Fracking equipment for hydraulic fracturing operations

• Inventory management and rig preparation services

• Inspection and running supervision

• Digital pipe identification, traceability, and operational optimization

• Circular economy solutions for surplus pipe reuse and recycling

Conclusion

The oilfield equipment companies like Schlumberger, Halliburton, and Baker Hughes continue to lead the pack with integrated systems, global operations, and cutting-edge technologies in drilling, completions, and digital solutions. Weatherford holds strong in production and intervention, while NOV Inc. remains a core provider of rig systems and components across the supply chain.

Manufacturers such as Aker Solutions and Vallourec bring specialized expertise in subsea systems and tubular solutions, critical for complex offshore operations. Meanwhile, Weir Group, Tenaris, and Superior Energy Services focus on performance, safety, and cost efficiency across both established and emerging markets.

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