Solvay announced that it has signed an agreement with BAKER HUGHES to partner on innovative solutions implementing THERMOPLASTIC COMPOSITE MATERIALS in offshore flexible pipes and risers for the oil and gas industry. Solvay’s expertise in composite materials and leadership and innovation in polymers, combined with Baker Hughes’ expertise in oilfield equipment will help accelerate the adoption of composite technology in the oil and gas industry. Thermoplastic composites are enabling the adoption of flexible risers for ultra-deep waters while requiring lower total expenditure than conventional technologies.
“It’s a privilege to work with one of the world’s leading energy technology companies. Our collaboration with Baker Hughes is a landmark in our strategy to expand the use of thermoplastic composites into new markets, leveraging its lightweight and non-corrodible properties versus metal,” said Augusto DiDonfrancesco, member of Solvay’s executive committee.
Andrea Fibbi, Technology Executive, Oilfield Equipment, Baker Hughes said: “We believe this partnership with Solvay will accelerate the introduction of non-metallic materials in the energy industry at a time where we are increasing our focus on reduced cost and improved efficiencies.”
Thermoplastic composite pipes are flexible and weigh significantly less than conventional equipment, making the installation and connection of new equipment quicker and more cost-effective. Maintenance is also simplified as composites do not corrode and offer superior fatigue resistance – even in ultra-deep waters. Flexible pipes associated with FPSO (Floating, Production, Storage and Offloading) vessels enable production system that can be efficiently removed at decommissioning.