Hunting Plc. (HTG.L) announced that it has secured a $31 million order for its titanium stress joints (TSJs), which will be used in the third phase of a deepwater gas development project in the Turkish sector of the Black Sea.
Hunting noted that its Subsea Spring business unit, located in Houston, Texas, will supply six TSJs, which include the Group's patented 'Direct Pull-thru Tube' technology, to be utilised on the second and third floating production, storage and offloading vessels operating on this deepwater development.
The contract is anticipated to be completed over the next 24 months, with the first delivery expected in Q1 2027.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.