Sumitomo, Airborne Oil & Gas join forces for composite pipes

The two companies will leverage each other’s strengths in providing thermoplastic composite pipe products for riser, flowline and jumper spool applications.

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Sumitomo Corp. (Tokyo) and Netherlands-based Airborne Oil & Gas have signed a worldwide commercial cooperation agreement for the sale and distribution of thermoplastic composite pipes (TCP) to the global oil & gas industry. The two companies will leverage each other’s strengths in providing thermoplastic composite pipe products for riser, flowline and jumper spool applications.

“The intrinsic properties of the TCP, such as no corrosion, low weight, and end-fittings that are installed quickly offshore, provide our clients with unmatched opportunities to reduce cost, both CAPEX and OPEX,” says Martin van Onna, chief commercial officer with Airborne Oil & Gas. “With our DNV qualifications and fast growing track record in the global SURF market, the TCP is widely recognized for its potential as alternative to steel and flexible pipe. This makes 2017 the ideal year to present and introduce the TCP to the global market.”

Sumitomo Corp., a provider in the provision of linepipe to the global SURF market, has recognized the disruptive potential of TCP early on. The two companies will cooperate on projects where the value added to the industry is most compelling. The cooperation will build on proven business cases that deliver a significant reduction in total installed cost as well as a reduction in total cost of ownership, and supply a suite of fully qualified flowlines and jumper spools.

This news follows the announcement that thermoplastic materials specialist Victrex will take a minority interest in oil and gas composite pipe fabricator Magma.