The company is one of the world’s largest manufacturers of fully bonded thermoplastic composite pipe systems for offshore oil & gas.
“Shell Technology Ventures is a most welcome addition to our shareholder base, at this phase of our development,” said Eric van der Meer, CEO of Airborne Oil & Gas. “Airborne Oil & Gas is qualified to supply hydrocarbon containing offshore flowlines to Shell worldwide. Shell can accelerate the implementation of our products across its large footprint in the industry.”
“Airborne Oil & Gas possesses an unique technology, with potentially game changing impact on the offshore industry,” said Geert van de Wouw, MD of Shell Technology Ventures. “The ultra-lightweight, corrosion free pipe systems can significantly lower the costs of a number of applications and enable new applications.”
