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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™.

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)

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WLB LIMITED

Cyprus

MISTRAS GROUP HELLAS ANONYMOS BIOMICHANIKI KAI EMPORIKI ETAIREIA

Greece

EU Contribution

€ 330 090,25

TWI LIMITED

United Kingdom

EU Contribution

€ 777 283,75

LONDON SOUTH BANK UNIVERSITY LBG

United Kingdom

EU Contribution

€ 670 291,25

IKNOWHOW INTERNATIONAL SARL

Luxembourg

EU Contribution

€ 258 835

Project information

Grant agreement ID: 730753

Status

Closed project

  • Start date

    1 December 2016

  • End date

    31 August 2019

Funded under:

H2020-EU.3.

H2020-EU.2.

  • Overall budget:

    € 3 044 860

  • EU contribution

    € 2 565 674

Coordinated by:

INNOVATIVE TECHNOLOGY AND SCIENCE LIMITED - INNOTECUK

United Kingdom