Murray Metals Eyes Offshore Industry with New Acquisition
Murray Metals (MM), one of the UK’s leading stockists and suppliers of plate and specialty metals, says it is set to revolutionise module construction in the oil and gas sector with a new support system following acquisition of Alphastrut.
MM explains that the Alphastrut aluminium system is over 50% lighter than conventional steel support and cable containment systems and has already saved oil majors in the region of 100 tonnes of weight per project, resulting in seven figure cost savings.
The weight and cost savings are already being noted within the oil and gas industry and Alphastrut has been installed successfully in a number of North Sea infrastructure developments.
MM consider that the system has enormous scope for use in major global build projects, including in Asia Pacific, Africa and Gulf of Mexico. It is expected that Alphastrut will supersede traditional steel support frameworks used offshore.
Alphastrut founder/ developer Andrew Munro, based in Bellshill, Scotland, remains as Technical Director and joins the 200 strong UK team at Murray Metals.
Commenting on the acquisition, Mr Munro said, “Alphastrut offers massive weight savings, which continues to be in the spotlight in the offshore industry. The environmental impact these savings can have cannot be ignored. Alphastrut has been installed successfully for a number of oil majors since 2009 and our aim is to create an industry leading product along with a full design service, installation and solution service for our clients."
About MM
An investment vehicle, Murray Metals Investments, was created specifically to purchase Alphastrut on behalf of Murray Capital and the management of Murray Metals. MM is headquartered in Manchester, has over 200 employees and a combined annual turnover of over £65 million.