Issue link: https://htpgraphics.uberflip.com/i/433487
Genesis Subsea Integrity Group From a Manchester laboratory to the deep waters of the Gulf of Mexico 40 CORPORATE PARTNERSHIP Genesis is part of Technip, a French oil and gas support company with around 36,000 employees in 48 countries worldwide. Its turnover is approximately €8bn per annum. Technip builds platforms and pipelines and has all the vessels needed to carry out major offshore, subsea and liquid natural gas (LNG)-related engineering projects. Genesis is the engineering consultancy part of Technip, which is approximately 1,500-strong. It handles the conceptual development of oil and gas fields and carries out the 'front end' detailed design of the fields. The Subsea Integrity Group of Genesis was set up to focus on future technologies and use those to innovate and develop new products. Work in the North Sea had identified problems with pipeline integrity. Most major oil and gas assets are undersea and problems with leaks can cause major environmental and economic problems. Partnering with a spin-off from Imperial College, the Group provided a service to the oil company concerned. The Subsea Integrity Group grew from there with the mission to ensure that the infrastructure oil and gas companies have on the sea bed is fit for purpose. The industry has a number of problems with subsea assets and this provides a number of product opportunities. There are different problems emerging, ranging from ageing assets to those now being placed in depths of up to 2km; the group endeavours to intercept these problems with a time horizon of about two years. The openness of the University to industry enabled the serendipity through which the project and the relationship arose.