Objective
This action will bring to market a unique product, RiserSure™, for assessing the condition of flexible riser pipes widely used in offshore oil and gas production. Riser failure is increasing and is costly (€3M per day from lost production alone). It damages the environment and creates the potential for major incidents. The Gulf of Mexico disaster in 2010 prompted very recent new safety legislation in the US and Europe (2015 US offshore safety drilling rule, 2013 EU Offshore Safety Directive). This is driving the uptake of non-destructive testing (NDT) to monitor riser condition.
Current techniques cannot reliably or efficiently assess flexible riser condition to provide advance warning of failure. Radiography is ideal as it penetrates all the layers in the pipe. However, current systems are designed for on-shore applications, not sub-sea.
The objective of this action is to take to market RiserSure™, which uses a novel subsea digital radiography detector. We will take the technology from TRL6 to TRL9 by optimising it for operation on flexible risers and adapting it to the needs of our customers – the NDT service providers and asset operators. Sub-sea field trials will demonstrate customer benefits. Within this 33 month project we will complete commercial and manufacturing preparations for product launch and lay the foundations for growth.
RiserSure™ will reduce the environmental impact and improve the safety of offshore production. It will improve the profitability of operators by reducing leaks and downtime, saving the industry €270M over 5 years. It will develop new revenues of €90M with a profit of €50M cumulative within 5 years of the end of the action; creating 139 new jobs for the SME led the consortium and an ROI of 148:1. Our industry-led consortium is requesting an EU contribution of €2,521,892 reflecting the costly nature of offshore testing, and our ambitious plans to achieve successful and rapid commercialisation of RiserSure™.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software
- engineering and technology environmental engineering energy and fuels fossil energy natural gas
- natural sciences earth and related environmental sciences environmental sciences pollution
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EC - Horizon 2020 Framework Programme
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2. - PRIORITY 'Industrial leadership'
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
IA - Innovation action
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-FTIPilot-2016
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
CB21 6DR Cambridge
United Kingdom
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.