Subsea cable and umbilical manufacturer JDR has signed a memorandum of understanding (MOU) with composite pipe firm Magma Global.
The move will see the firms working together to combine JDR’s subsea cable and umbilical technologies with Magma’s composite pipe products to develop new solutions that both reduce the cost and extend the life of offshore oil and gas projects.
Magma makes carbon fibre and Victrex PEEK thermoplastic composite pipe, called m-pipe from its base in Southampton, southern England, while JDR makes subsea cables and umbilicals at its plant in Hartlepool, northeast England.
The scope of the agreement includes the research, development and qualification testing of solutions, with a particular focus on high chemical, high-pressure and high-temperature applications where the range of proven, available technologies is limited.
The MOU was signed on Tuesday at the Offshore Technology Conference in Houston. James Young, CTO at JDR, said: “This collaboration with Magma presents a unique opportunity to harness the combined benefits of industry-leading technologies to create pioneering solutions with game-changing potential.”
Charles Tavner, Magma’s COO, adds: “Looking at how we might combine m-pipe with JDR’s products makes complete strategic sense. Industry is seeking safer and more reliable solutions that help reduce project costs. We are excited about teaming up with JDR to look at new ways to continue achieving those objectives.”