300 Conshohocken State Road, Suite 120
West Conshohocken,  PA  19428

United States
  • Booth: 505

Shaping Future Performance in Extreme Environments

Victrex delivers high performance thermoplastic solutions for downhole tools and subsea systems to refinery and production equipment. With renowned expertise, we provide technical excellence in applications that require reliability across a broad temperature range and integrity in harsh chemicals and aggressive mechanical environments.

 Press Releases

  • OTC, Houston, Texas. 2 May 2018: Ocyan and Magma Global, manufacturer of the world’s most advanced thermoplastic composite pipe (TCP), today announce the completion of a Composite Multi-Bore Hybrid Riser design for ultra-deep fields. The companies have signed a long term commercial agreement and will jointly bid the CMHR for deep water developments in Brazil. The design has been validated by a third-party engineering company and is in discussion and analysis with potential clients.

    The CMHR offers multiple benefits which address barriers for operators. Today’s FPSOs are on a constant demand for reduced weight and loads. As a decoupled solution, the CMHR applies less than 20% of the loads applied by other solutions resulting in a weight difference of up to 9.000 tons per FPSO.

    The use of TCP brings high resistance to corrosion (for example CO2 and H2S), light weight and the ability to withstand high temperature and pressure. Its flexibility enables the design of a novel lower riser termination assembly concept (patent already in place and under final analysis) which allows for the direct connection between the risers and the flowlines - either flexible or steel - with no design change to the CMHR.

    The pipe used in the CMHR will be Magma’s m-pipe which is reeled onto reels and needs no welding which makes fabrication compact, simple and standardised, therefore enabling higher local content. Once all CMHR components are at the selected yard, the CMHR assembly takes just 20 days. To complete installation requires only 20 more days offshore, with no need for a specialized vessel and minimum risk from exposure to weather conditions.

    Charles Tavner, COO at Magma Global said: “The design phase of this project with Ocyan has been really exciting as it fully exploits and builds on the capabilities of m-pipe. No other pipe can meet the requirements, as they are either not flexible enough or not able to withstand the requirements for strength and heat resistance. We look forward to seeing this excellent TCP riser solution used in large scale oil production in the very near future.”

    Marcelo Nunes, Subsea Director at Ocyan said: “We have worked closely with Magma to design this incredibly simple yet robust riser system. It is a perfect match on the technical side as the CMHR provides a discrete support so that the riser works very much like a spool, in a quasi-static application. Furthermore, the concept takes advantage of the mechanical properties of m-pipe. The final result of the project has superseded our expectations and the complexity of the project has dropped dramatically.”

    About Magma Global:

    Magma Global manufacturers m-pipe®, a high quality, high strength carbon fibre and Victrex PEEK thermoplastic composite pipe that is one tenth the weight in water of equivalent steel or non-bonded flexible pipe and is highly resistant to degradation.  m-pipe® is manufactured using high quality carbon fibre and Victrex PEEK in a fully automated robotic 3D laser print process, and the Magma In Country Manufacturing Module (ICMM) can meet local content requirements.  Magma m-pipe® subsea applications include risers, jumpers, infield flowlines and intervention lines and it is ideally suited to sour service and deep-water environments. Customers include Saudi Aramco, Statoil, Eni and Tullow, which recently demonstrated a 65% reduction in installation cost of a deep-water flowline by using m-pipe®.

    About Ocyan:

    Ocyan is a company with a sustainable attitude and knowledge to provide solutions for the upstream offshore oil and gas industry in Brazil and abroad. Its main values are the security of its employees and the operation, the partnership of trust with the clients, and the commitment to ethics and transparency. In addition to providing offshore maintenance services, the company currently operates six drilling units, two PLSVs (pipe laying support vessel) and two FPSO (floating, production, storage and offloading) vessels, notably the FPSO Pioneiro de Libra (Libra Pioneer).

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