Magma designs and manufactures m-pipe® a high performance pipe created to meet today's challenging riser, jumper, spool and flowline applications. Magma has developed m-pipe® to meet the particular challenges from deep water and high pressure, high temperature and sour service operating environments.
Magma was founded in 2009 by its management team and received additional backing to accelerate its growth programme in 2010 from Calgary-based KERN Energy Partners and Copenhagen-based NES Partners.
Based in Portsmouth (UK), Magma has developed a unique manufacturing process that produces high performance carbon/polymer pipes, that offer improved reliability, increased performance, lighter weight and longer life than conventional un-bonded flexible pipe or steel solutions.
Magma Global aims to increase reliability and enable innovative pipeline solutions for the exploration and production of subsea oil and gas through:
- significantly improving performance and durability
- enabling the optimisation of production architectures
- reducing capital and operational costs
- reducing deployment costs
- reducing environmental impact
- extending field life
Deeper and more aggressive environments
With oil and gas in scarce supply, the offshore industry has been forced to operate in deeper water and more aggressive, demanding subsea environments. Existing technologies and materials struggle to cope in these new, harsh operating environments, creating a need for risers and flow-lines that enable the safe and efficient transfer of sub-sea oil and gas.
Ten years ago, the distance that offshore operators needed to reach the seabed was typically around 500m. Now, it is in excess of 2000m off the coast of West Africa and in the Gulf of Mexico, while off the coast of Brazil it is up to 3000m, and in the future there will be a requirement to address depths of 4000m.
Magma provides a significantly safer and lower risk option than existing technologies to address the highly demanding oil and gas environment.
Limitations of existing technology
Under increasing deep water conditions, incumbent technologies have limitations. Unlike Magma's solution, existing technologies are often limited due to fatigue failure and corrosion. Furthermore, the length of the pipes required to reach these depths is so great that traditional materials such as steel and titanium cannot support their own weight, meaning that expensive hybrid designs are the only current alternative: such designs are costly and difficult to deploy.
Magma's solution is more economic in terms of both deployment and ongoing operation but perhaps most significantly it reduces risk in both deployment and operation.