JOINT VENTURE WITH Big Tuna Holdings

Long Pipes USA

 
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 Timeline

  • In December 2019, Big Tuna USA purchased the Pipe Production Machine and the Sock Production Machine from Long Pipes Limited.

  • The Pipe Production Machine (PPM) and Sock Production Machine (SPM) arrived in the US in February 2020.

  • Big Tuna USA has established a production facility in New Mexico that uses the stationary PPM to produce long lengths of pipe that are post cured, cut into 50 foot lengths, pressure tested and then have the composite couplings adhrered to the end of each pipe.

  • Congestion, road crossings and pipe crossovers in the pipeline easements make on-site continuous production difficult so the clients have insisted on 50 foot length pipes.

  • The first project was for 3900 feet of 12 inch pipe transporting produced water at 16 bar operatung pressure in the Permian Basin in westernTexas. The client was EOG and the project completed in October 2022. BTUSA provided all fittings and flanges for the project.

Through its 100% subsidary, Long Pipes USA, a 50/50 joint venture has been established with Big Tuna Holdings.

  • Joint venture entity is called Big Tuna USA.

  • Big Tuna USA enables Long Pipes to unlock the huge market opportunity in the shale, oil and gas industry in Texas and surrounding states.

  • Big Tuna Holdings brings extensive knowledge of the US pipeline industry and has an extensive network of connections in a number of large energy companies in the US.

  • Big Tuna USA is concentrating on the wastewater (produced water) from shale oil and gas. This is a large market and The Fluid Highway® is the perfect solution in this market due to its unique characteristics.

  • Big Tuna USA is working closely with a number of large oil and gas producers who are interested in using The Fluid Highway® for produced water instead of the standard HDPE pipes.

  • The competitive advantages of The Fluid Highway® pipe, being stronger, lighter and able to convey significantly more water than HDPE pipe with the same outside diameter, makes The Fluid Highway® a compelling value proposition. This has resulted in significant interest from oil and gas companies in the US target market.