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'Phantom' volcanoes could hide more North Sea oil and gas
2019-02-20 - The study by the University of Aberdeen has raised the prospect of new oil and gas finds in the North Sea following a study on 'phantom' volcanoes. The University of Aberdeen said on Tuesday that geologists from the University discovered that a huge strip of the North Sea was left unexplored for oil and gas due to so-called '..
Oil and gas commissioning firm names new managing director
2019-01-29 - Oil and gas commissioning company Magma Products has appointed a new managing director. Magma said on Tuesday that the company had named Philip Tweedy as its new managing director. Tweedy, previously a commissioning manager at Magma, will be responsible for day-to-day operations at the company’s Aberdeen, Great Yarmouth,..
TechnipFMC, Magma working on flexible pipe development
2018-03-23 - Oilfield services provider TechnipFMC  will cooperate with Magma Global Ltd. to develop a new generation of hybrid flexible pipe (HFP) for use in offshore applications. According to a statement on Friday, HFP is expected to provide increased strength and fatigue performance, while also achieving "dramatic" weight and cost re..
Tullow orders Magma flowline for TEN field
2018-03-09 - Dina Star Tullow Oil subsidiary, Tullow Ghana Limited, has awarded a contract for a 2.5-kilometer flowline to Magma Global for its TEN project in Ghana. Magma said that the six-inch spoolable carbon composite m-pipe would be deployed from a 10-meter diameter reel with a 20-ton tensioner, and the total weight of pipe and d..
JDR, Magma sign offshore tech pact at OTC Houston
2017-05-03 - Offshore power cable manufacturer JDR has signed a memorandum of understanding (MOU) with Magma Global (Magma), the manufacturer of high performance carbon fibre and Victrex PEEK thermoplastic composite pipe, m-pipe®. The signing – which took place on Tuesday at the Offshore Technology Conference in Houston – marks the ..
Wood Group, Magma join forces in delivering commissioning and start-up work
2016-01-21 - Wood Group has established a collaborative agreement with international engineering consultancy, Magma Products, to extend its existing commissioning service. Headquartered in Aberdeen and specialising in the field of commissioning and start-up, Magma's services and software system will complement Wood Group's global commiss..
Subsea UK gathering subsea businesses to debate challenges
2015-10-28 - Subsea UK is looking to establish a regional hub in the south of England that will bring together businesses across the subsea supply chain to identify opportunities and debate the challenges. The UK's subsea industry body explained in the press release on Wednesday that the subsea sector supports around 55,000 jobs and gener..
Subsea UK: Seminars focusing on the Brazilian and Mexican markets
2015-09-28 - Industry body Subsea UK will host seminars in Bristol and Plymouth on October 14 & 15 respectively focusing on the Brazilian and Mexican markets. Subsea UK said that expert speakers from UK Trade and Investment (UKTI) and UK Export Finance would attend the seminars. In addition, the gathering will include one-to-one clini..
BP, Subsea 7 get in pipe development pact with Magma
2015-09-14 - Magma Global has signed a joint development agreement with BP and Subsea 7 in a project to qualify Magma’s carbon fibre m-pipe as the next generation of subsea pipelines. According to Magma, the programme is also supported by the National Composites Centre (NCC) and Innovate UK, the Government initiative established to supp..
Maritime Developments inks new deals
2015-01-20 - Specialist back-deck equipment provider, Maritime Developments, has won contracts worth in the region of £7m ($ 10.6 million) and broadened its product portfolio. The company, which supports subsea industry operations worldwide, has secured the first order for its portable overside vertical lay system (PVLS) from a "leading ..