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Rapid Integrity Assessment of Flexible Risers for Offshore Oil and Gas Installations

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™.

Field of science

  • /social sciences/economics and business/business and management/commerce
  • /engineering and technology/environmental engineering/energy and fuels/fossil energy/gas

Call for proposal

H2020-FTIPilot-2016-1
See other projects for this call

Funding Scheme

IA - Innovation action

Coordinator

INNOVATIVE TECHNOLOGY AND SCIENCE LIMITED - INNOTECUK
Address
Hildersham Road North Wing The Old Livery
CB21 6DR Cambridge
United Kingdom
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EU contribution
€ 529 173,75

Participants (5)

WLB LIMITED

Participation ended

Cyprus
EU contribution
€ 0
Address
Zinonos Sozou (Office 103) 11
1075 Lefkosia
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
MISTRAS GROUP HELLAS ANONYMOS BIOMICHANIKI KAI EMPORIKI ETAIREIA
Greece
EU contribution
€ 330 090,25
Address
El Venizelou 7
14452 Athina
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
TWI LIMITED
United Kingdom
EU contribution
€ 777 283,75
Address
Granta Park Great Abington
CB21 6AL Cambridge
Activity type
Research Organisations
LONDON SOUTH BANK UNIVERSITY LBG
United Kingdom
EU contribution
€ 670 291,25
Address
Borough Road 103
SE10AA London
Activity type
Higher or Secondary Education Establishments
IKNOWHOW INTERNATIONAL SARL
Luxembourg
EU contribution
€ 258 835
Address
130 Route D Arlon
8008 Luxembourg
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)