October 23, 2016 11:56 PM ET

Energy Equipment and Services

Company Overview of Magma Global Ltd.

Company Overview

Magma Global Ltd. designs and manufactures subsea pipes for subsea exploration and production. It offers carbon fibre and Victrex PEEK composite pipes, composite pipe reels, and end fittings for freestanding risers, light well intervention products, and jumpers and flowlines; products for deepwater and subsea project applications; polymer composite pipes for subsea systems; and pipe rental services. The company serves oil and gas industries worldwide. Magma Global Ltd. was incorporated in 2008 and is headquartered in Portsmouth, United Kingdom with additional offices in the United States, Angola, and Saudi Arabia.

Magma House

Trafalgar Wharf

Hamilton Road

Portsmouth,  PO6 4PX

United Kingdom

Founded in 2008


44 23 9387 2800

Key Executives for Magma Global Ltd.

Co-Founder and Chief Executive Officer
Commercial Director
Age: 41
Compensation as of Fiscal Year 2016.

Magma Global Ltd. Key Developments

Magma Global Signs Joint Development Agreement with BP & Subsea 7

Magma Global announced the signing of a joint development agreement with BP and Subsea 7 in a project to qualify Magma's carbon fibre m-pipe® as the next generation of subsea pipelines. Magma's m-pipe® is a high strength, lightweight, corrosion-resistant, fully bonded, composite thermoplastic pipe which is stronger than steel and traditional flexibles, and is typically one tenth the weight. The high specific strength and corrosion resistant nature of composite technology makes it ideal for the oil & gas industry where deep water environments and corrosive fluids challenge the integrity of steel structures. Manufactured from highest quality carbon fibre and PEEK polymer materials, m-pipe® is immune to corrosion and is suitable for a wide spectrum of fluids and gases.

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Recent Private Companies Transactions

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