Hunting PLC
Hunting PLC is a global precision engineering group and international energy services provider, specializing in the manufacture and distribution of equipment for the energy industry. The company's mission is to be a key global provider of components and tools for companies involved in oil and gas exploration, development, and production, as well as supporting service companies, while also strategically diversifying into non-oil and gas sectors by leveraging its precision engineering capabilities. Hunting PLC maintains dual headquarters in London, UK, and Houston, USA.
Hunting PLC offers a comprehensive range of products and services across Well Construction, Well Completion, and Well Intervention. Its key product groups include Perforating & Logging Systems, Connection Technology & Oil Country Tubular Goods (OCTG), Subsea Technologies, Advanced Manufacturing, Well Intervention Equipment, Well Test & Process Systems, Electronics, Trenchless & MWD, Organic Oil Recovery, and Flexible Engineering Solutions. While primarily serving the upstream oil and gas sector, including International Oil Companies, National Oil Companies, and Independent E&P firms, the company is also expanding its expertise into diverse markets such as aviation, commercial space, defense, medical, and power generation.
Led by CEO Jim Johnson, appointed in September 2017, Hunting PLC reported strong financial performance for 2024, with revenues of $1,048.9 million and an EBITDA of $126.3 million. The company is actively pursuing a strategic transformation, focusing on higher-margin subsea technologies and diversification. Recent notable activities include the acquisition of Organic Oil Recovery (OOR) technology in March 2025 and Flexible Engineered Solutions (FES) in June 2025, alongside securing a significant $63.5 million Subsea order for an offshore Guyana project. Its "Hunting 2030 Strategy" aims for $2.0 billion in annual revenue by 2030, with a quarter derived from non-oil and gas sectors.
Latest updates
