720379m-RiserClosedGRD Development of PrototypeInnovate UKThe UK’s world class Oil & Gas industry, comprising both production and essential support services, is a vital part of the UK economy and the Government’s future industrial strategy. Magma Global Ltd (Magma) epitomises this technology lead with its unique m-pipe development from which it is now expanding its product portfolio. The proposed ‘m-Riser’ Project is one such development. The key aims and objectives are to: 1) Develop a subsea ‘production riser’ (i.e. sectional pipe to link a sea bed oil well to a surface collection vessel); 2) Design and implement a rigorous test regime and test equipment to prove operational capability (e.g. pressure, bending, torsion) and compliance with UK and industry standards 3) Initiate field trials with a leading UK FTSE 250 independent oilfield operator on a marginal (i.e. previously uneconomic) North Sea oil well using an early production vessel. The innovation and novel aspects will include: 1) The first production riser manufactured from Magma’s unique and innovative PEEK/Carbon m-pipe; 2) Engineering unique jointing methodology between the m-pipe and industry standard coupling components; 3) Developing a unique testing regime to substantiate a riser solution with significant performance benefits over steel and other current alternatives. The main benefits will include: 1) The ability to economically extract further oil reserves from marginal (previously uneconomic) North Sea wells and provide a valuable early production and reservoir data gathering facility from newly drilled wells world-wide; 2) The ability of an early production vessel to stay on station through adverse Met-Ocean conditions. A typical early production vessel will only achieve 85-90 % utilisation. Magma is targeting 95% giving an additional 20-40 production days pa, increasing output values £30- £60m. Magma will introduce unique innovation into the subsea Oil & Gas industry which will deliver significant economic and operational benefits to UK producers