Backscatter MF-1/MF-2 and AOI Q1 use a very similar (possibly identical) light head and electronics, unfortunately the power output is only sufficient for macro.
Inon S220 and Sea & Sea YS-01 are both very compact and deliver just enough power to shoot wide-angle with compact cameras as long as you stay reasonably close to the subject.
You can see a good strobe power comparison, including MF-1 and S220, here:
Since I've gone thourgh all the work of gathering this data from various sources and personal tests over the past few months, I might as well share it here in case other find it helpful. Corrections and additions welcome. Update on 24/06: I've updated the spreadsheet with three new sheets, one sh...
waterpixels.net
If your concern is with packing weight, consider forgoing a tray - instead, use a triple clamp to mount your strobe arms to the housing cold shoe. I remember Alex Mustard posting a photo of such a setup on Wetpixel; it looked surprisingly handy. Don't use float arms either, they're bulky and heavy - instead either forgo floats altogether, or use foam blocks.
If your budget permits, maybe consider a Sony RX100VA in lieu of TG-7. Aside from the built-in macro capability of the TG series, it's a much more capable camera, both topside and under.
Metal housings (Nauticam and Isotta both make housings for TG and RX100 series) will be a bit more compact, but also much more expensive than plastic from AOI (they ODM housings for Olympus/OM systems as well as Fantasea), Ikelite, or SeaFrogs. Weefine/Kraken have a special housing for TG series that includes an extra battery to extend the camera battery life, but this adds considerable bulk - more than you'd expect from a single 18650 cell.