Magma Global

📍 Portsmouth, United Kingdom🗓 Founded 2009👥 65 employees💰 Last funded Sep 2016
Magma Global develops and produces the world’s most advanced subsea pipe for oil and gas. Magma was founded to solve the problems that were a challenge to steel and flexibles: corrosion, temperature, high pressure and speed of deployment. Magma’s m-pipe® is made from PEEK and carbon fibre. It simplifies subsea architecture thanks to its low weight, high strength, flexibility and standardised design. m-pipe® is used as flowlines and jumpers by major operators around the world and achieves significant installed cost savings. Magma’s game-changing technology is now solving riser challenges and is incorporated into TechnipFMC's Hybrid Flexible Pipe. m-pipe® is deployed for onshore and offshore applications for hydrocarbon, gas and water transfer and has subsea applications for tie-backs, jumpers, risers, flowlines and dynamic downlines. – m-pipe® corrosion resistance, sour service and high fluid flow rates delivers subsea reliability – m-pipe® light weight and high fatigue strength reduces transport and deployment costs – Magma m-pipe in-country manufacturing facility meets local production requirements – IDP well intervention rental system reduces well intervention costs by over 40% – m-pipe® reduces engineering design, deployment and operational costs Magma Global is a TechnipFMC company.
2
Total investors
0
Early stage
1
Mid stage
1
Late stage
2009
Founded
Investor geography1 country
United Kingdom
2
Frequently asked questions
Who invested in Magma Global?
Magma Global has 2 investors on record on gritt.io, 1 mid-stage and 1 late-stage investors.
When did Magma Global last raise funding?
The most recent investment in Magma Global recorded on gritt.io was in September 2016.
When was Magma Global founded?
Magma Global was founded in 2009.
What industry is Magma Global in?
Magma Global operates in Oil and Gas. Find similar Oil and Gas investors on gritt.io.
Where is Magma Global based?
Magma Global is headquartered in Portsmouth, United Kingdom.