Magma Global Ltd | m-pipe subsea carbon fibre composite pipe Revenue and Competitors

Magma Global develops and produces the world’s most advanced subsea pipe for oil and gas. Magma was founded to solve the problems that were a challenge to steel and flexibles: corrosion, temperature, high pressure and speed of deployment. Magma’s m-pipe® is made from PEEK and carbon fibre. It 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 significant installed cost savings. Magma’s game changing technology is now solving riser challenges and is incorporated into hybrid solutions by TechnipFMC and Ocyan. \n\nm-pipe® is deployed for onshore and offshore applications for hydrocarbon, gas and water transfer and has subsea applications for tie-backs, jumpers, risers, flowlines and dynamic downlines. \n\n– m-pipe® corrosion resistance, sour service and high fluid flow rates delivers subsea reliability\n– m-pipe® light weight and high fatigue strength reduces transport and deployment costs\n– Magma m-pipe in-country manufacturing facility meets local production requirements\n– IDP well intervention rental system reduces well intervention costs by over 40%\n– m-pipe® reduces engineering design, deployment and operational costs