Ocyan and Magma Global announce new partner in CompRiser

Ocyan and Magma Global signed on Tuesday (Oct-4) a memorandum of understanding that guarantees the participation of BrasFELS in the CompRiser^® solution, a riser tower system that users carbon fiber composite pipes. BrasFELS, located in Angra dos Reis, Rio de Janeiro, is the Brazilian shipyard of Keppel Offshore & Marine, the global leader in offshore rig design, construction and repair, ship repair and conversion and specialized shipbuilding.

“BrasFELS’ participation in the CompRiser^® development is another achievement of this initiative. The shipyards location, installed manufacturing capacity and reputation in the Brazilian market further reduce the project’s risk assessment. It’s certainly a partner that adds a lot of value,” explained Marcelo Nunes, Ocyan Director of Subsea Services.

Tony Duncan, Executive Vice President at Magma Global, said, “CompRiser^® is an effective solution for deepwater and pre-salt environments. It’s a clever design that uses m-pipe^® in a static application, thus streamlining qualification needs versus dynamic riser designs. Confirming BrasFELS as the manufacturing location means we can bring this design project to fruition in the very near future.”

Mr. Marlin Khiew, CEO and President, Keppel FELS Brasil, said, “BrasFELS is the most established shipyard in the Latin American region, with a strong track record in the construction, integration, upgrading and repair of a wide range of products. We are proud to collaborate with Ocyan and Magma Global in the development of the innovative CompRiser® solution, which will strengthen the position of BrasFELS as a one-stop provider of solutions for deepwater production platforms.”

CompRiser^® is a hybrid riser system created in partnership with Magma Global for use in the deepwater and ultradeep water oil exploration industry. The Thermoplastic Composite Pipe (TCP) used in the CompRiser^® will be m-pipe^®, manufactured by Magma. TCP provides high corrosion resistance (e.g., CO2 and H2S) of great value to subsea systems in pre-salt areas, significant weight reduction and the possibility of withstanding high temperatures and pressures. Its mechanical flexibility allows the design of a new concept for the lower termination (patent pending) that allows the riser to be connected directly to the flowline – both rigid and flexible.

Its compact and modular manufacturing method allows for high local content. Additionally, m-pipe^® is delivered in reels and does not require welding, simplifying the bundle assembly, which can be completed in less than 30 days. The offshore installation takes another 20 days, without the need for special vessels and with minimal exposure to bad weather conditions.

As a decoupled solution, the product uses less than 20% of the load applied by other solutions in the production units. The result of this difference can exceed 9,000 tons per FPSO, conditioned to the quantity of project risers. Reducing weight and load in FPSO operations is a constant demand of operators.