Subsea 7 enters the shareholder base of Airborne Oil & Gas

Today, Airborne Oil & Gas (AOG), the leading manufacturer of Thermoplastic Composite Pipe (TCP) for oil & gas applications, announces the latest addition to its shareholder base with Subsea 7. Subsea 7 is a world leader in seabed to surface engineering, construction and service contractor.

The investment by Subsea 7 entails a partnership of strategic importance to both parties providing the oil & gas industry with cost effective pipe technology solutions that are non-corrosive, light-weight, simpler and faster to install.

Marnix Boorsma, CEO Airborne Oil & Gas “We are proud of our shareholder base, which already included Shell, Chevron, Saudi Aramco and Evonik. We are delighted to be able to work with Subsea 7. They will contribute importantly to our overall value proposition, especially given the role that installation contractors nowadays are increasingly taking in the industry. Subsea 7 is optimally positioned to advise energy companies at an early stage on the best pipe structure and set-up. Their significant presence in Brazil, a key region for Airborne Oil & Gas’ activities, supports our business – especially regarding deepwater opportunities. We look forward to collaborate with Subsea 7, also on the development of other innovative pipe solutions for the industry.”

Thermoplastic Composite Pipe (TCP) offers a radical reduction in cost and improvement in asset integrity. This applies for greenfield and brownfield developments in all regions and water depths. TCP pushes the boundaries of deepwater development and unlocks further significant savings through its lasting influence on subsea architecture and floating production facilities
TCP is flexible and importantly spoolable with continuous lengths up to 4km and higher. Manufactured out of a composite of fibers and polymers, it is light-weight, non-corrosive and non-permeable. The fully bonded structure trumps traditional and hybrid flexibles with the elegance and simplicity of its design. The pipe can handle pressures up to 15k psi/1,050 bar design pressure (and 40k psi/2,800 bar burst pressure) and temperatures up to 121˚C/250˚F. TCP’s long length and low weight allow for much faster and cheaper installation, also creating many more options in the overall project development schedule.

TCP Flowline

TCP Flowline eliminates corrosion and is the lowest total installed cost solution for greenfield and brownfield applications

Airborne Oil & Gas designs and manufactures TCP Flowline products for hydrocarbon production, water, gas lift, and chemicals injection. Its non-corrosiveness, light weight, spoolability and ability to terminate in the field make it the best solution for in-field flowlines, tiebacks, single well step-outs, and (quasi) static risers.

The solid pipe structure is impervious to corrosion, resulting in outstanding performance in corrosive environments. It has an inner, fully bonded, smooth bore polymer liner that ensures the best attainable flow properties while still being piggable. The thermal performance of TCP is considerably better than that of steel (reinforced) pipe. Our end-fittings are simple and robust, relying on a well-proven mechanical clamping method. Assembly of the pipe with our end-fittings is straightforward, can be done both onshore and offshore and at any location on the pipe.

TCP Free Hanging Risers

TCP Free Hanging Risers deliver significant cost reductions compared with the traditional Lazy wave Riser solutions used in deep water harsh condition areas such as Santos Basin Brazil

Airborne Oil & Gas designs and manufactures TCP Riser products for hydrocarbon production, water and gas injection, gas lift and chemicals injection. Its light weight, good fatigue performance, non-corrosiveness and spoolability make it the best solution for Deep Water Free Hanging Risers.

Our TCP Riser is supplied in long spoolable lengths for cost-effective reel lay and lowest as-installed cost. This leads to a radical 30% saving on as-installed cost as shown in the TCP Riser business case.

Read more about TCP Free Hanging Risers