Company News

Brazil to receive Magma Global’s first manufacturing facility outside the UK

Manufacturer of carbon fibre subsea pipes to continue testing and qualification in Brazil

Press Release
30/05/2019 14:25
Visualizações: 1160 (0) (0) (0) (0)

British company Magma Global, manufacturer of the world’s most advanced subsea pipe, is to commence testing and qualification of its products in Brazil. Magma’s m-pipe® is qualified to DNV standards and will undergo further qualification in Brazil to pre-salt specifications. Upon qualification Magma fully intends to establish a new manufacturing facility in Brazil. Magma entered the Brazilian O&G market by partnering with leading companies in Brazil to develop next-generation riser systems which use m-pipe® to solve the challenges of the pre-salt. Magma’s Executive VP in the US, Tony Duncan, is in Brazil to explain the company’s plans for the Brazilian market.

Duncan says: “The Brazilian Oil & Gas sector has been highly receptive to Magma’s m-pipe® solution, which was developed specifically for challenging oil production environments. Brazil has shown itself as an innovator in finding the right solutions for the environment here and is the already the world leader in its infrastructure for flexible pipes. We believe Brazil will once again lead the world in its adoption of thermoplastic composite pipe (TCP) and will reap the benefits of composite pipe expertise and infrastructure when other O&G markets around the world follow. We are in talks with local universities to continue our testing and qualification programme in Brazil and the next step will be to establish a local manufacturing facility here.”

Established in 2009, with offices in the USA, Angola, Saudi Arabia and Malaysia, Magma Global has achieved a global presence manufacturing m-pipe®, a Thermoplastic Composite Pipe (TCP) that provides high corrosion resistance, significant weight reduction and high temperature, high pressure capability. Magma’s m-pipe® is being used for next generation deepwater riser designs in the form of a riser tower with Ocyan and a hybrid flexible pipe for TechnipFMC.

Magma Global officially entered the Brazilian market in 2018 by partnering with Ocyan. Together the two companies developed the CompRiser® specifically for the Brazilian market. CompRiser® is a riser tower that uses m-pipe® for production in deepwater and ultra-deepwaters. The riser was presented to the sector during the last Rio Oil & Gas and was welcomed as an innovative solution. The CompRiser® concept is under assessment by Petrobras to be used in new projects as well as by DNV GL for international accreditation. The CompRiser® will be assembled at BrasFels, the Brazilian branch of Keppel Offshore & Marine, the global leader in offshore rig design, construction and repair, ship repair and conversion, and specialized shipbuilding.

CompRiser® has a compact and modular manufacturing method which allows high local content. The m-pipe® risers are stored and transported on reels and does not require welding, which simplifies the bundle assembly, allowing it to take place in less than 30 days. The offshore installation takes another 20 days, without the need of special vessels, and with minimal risk from exposure to bad weather conditions.

 

About Magma Global:

Magma Global created m-pipe® to solve the problems that were a challenge to steel and flexibles: corrosion, high temperatures, high pressures and speed and ease of deployment. Made from PEEK and carbon fibre, m-pipe simplifies subsea architecture thanks to its low weight, high strength, flexibility and standardised design. m-pipe is used as flowlines and jumpers by major operators around the world and achieves installed cost savings of up to 65%. Magma’s game changing technology is now solving riser challenges and is incorporated into hybrid solutions by TechnipFMC and Ocyan.

 

Most Read Today
see see
Company News
Bunker One centralizes multinational activities in Latin...
25/03/25
Fuels
Fuel and Lubricants Sector Drops 1.9% in February, Accor...
25/03/25
Pre-Salt
Petrobras reports results of exploratory well in Santos ...
19/03/25
Logistics
Transpetro to Double Platform Offloading Capacity by 2028
19/03/25
Brasilia
Launch of the Institute of Petroleum, Gas, and Energy in...
19/03/25
International Company News
Fulkrum Successfully Completes Vendor Surveillance for S...
14/03/25
E&P
Operational Safety: ANP Launches Dynamic Incident Panel ...
10/03/25
Ethanol
Anhydrous and Hydrated Ethanol Close Lower in a Week Sho...
10/03/25
International Women's Day
Celebrating Women's Day, Mobil™ Brings Drivers Antonella...
10/03/25
International Women's Day
Female Leadership in the Chemical Industry: Braskem Rein...
10/03/25
International Women's Day
Women in the Electric Sector: Driving Advances and Trans...
10/03/25
Merger
Saipem and Subsea7 join forces to create Saipem7
25/02/25
Royalties
Values related to December's production for production-s...
24/02/25
Drilling Operations
Constellation Oil Services Holding S.A. announces intent...
21/02/25
Permanent Offer
CNPE Approves Inclusion of Four New Pre-Salt Blocks in t...
21/02/25
Royalties
Values related to December production for concession and...
21/02/25
Natural Gas
Eneva and Samarco Sign Contract for Natural Gas Supply i...
21/02/25
Results
Four FPSOs operated by MODEC rank among the 10 largest o...
20/02/25
Record
Fulkrum Achieves Record Growth in 2024 with Global Expan...
20/02/25
Results
Foresea Closes 2024 with a Net Profit of $18 Million and...
20/02/25
Results
Sergipe Maintains 1st Place in the Free Gas Market Ranking
10/02/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.