Flexpipe

What Flexpipe does

Flexpipe Systems, founded in 2001 and headquartered in Calgary, Alberta, designs and manufactures spoolable composite linepipe products for the oil and gas industry, with selective expansion into adjacent applications such as helium transport and CO2 injection. Its core technology combines a thermoplastic inner liner (HDPE or PE-RT for high-temperature variants) with a helically-wound reinforcement layer and an external thermoplastic jacket, produced in 2"-6" diameters with pressure ratings from 300 to 2,250 psi. The product family includes Flexpipe (standard service), Flexpipe HT (continuous service up to 180°F/82°C), and Flexcord (galvanized steel-cord reinforced for severe cyclic/pulsation duty), complemented by a proprietary one-piece crimp fitting joining system and the Flexpipe Pulse digital platform for project traceability and inventory management.

Flexpipe operates as a wholly-owned subsidiary of Mattr Corp. (TSX: MATR, formerly Shawcor Ltd.), which acquired the company in July 2008. Revenue is generated primarily through hardware sales of pipe and fittings, with an ancillary revenue stream from contractor training, certification, and rental of installation equipment (crimpers, power packs, insertion presses, A-frames). The company sells through a direct enterprise field-sales model, supported by three sales offices (Calgary, Midland, Houston) and six Solution Centers across major North American producing regions, plus storage facilities and international sales coverage.

The company serves oil and gas E&P and midstream operators as primary segments, with secondary exposure to gas distribution co-ops and helium producers. Cited customer outcomes include 30-40% lower installation cost versus steel, 50% crew-size reduction, up to 2,000 m/day installation rates, 20% faster time to first oil, and a 75% repeat customer rate across a 50,000 km global installed base. Certifications include API Spec Q1, API Monogram, API 15S, ISO 9001:2015, CSA Z662-23, and NACE MR01755 at its Calgary headquarters and Rockwall, Texas manufacturing facility.

Name

Flexpipe

Legal name

Flexpipe Systems

Website

https://flexpipesystems.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Flexpipe Systems manufactures spoolable composite pipeline products (Flexpipe, Flexpipe HT, Flexcord) and proprietary crimp fittings for oil and gas E&P and midstream operators, with a 50,000 km global installed base and manufacturing in Calgary and Rockwall, Texas. It is a subsidiary of Mattr Corp. (TSX: MATR).

Ownership category

akta.pro rank

Product category

Composite Pipeline Systems for Oil & Gas

NAICS

Plastics Pipe and Pipe Fitting Manufacturing (326122), Fabricated Pipe and Pipe Fitting Manufacturing (332996)

SIC

Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)

akta.pro primary industry

Pipes & Tubing (Metal, Plastic & Composite) (IMADALAC)

akta.pro secondary industries

Pipe Fittings, Couplings & Connectors (IMADALAD), Pipe Accessories & Joining Systems (Couplings, Gaskets, Solvent Cement, Fusion Fittings) (IMANADAJ)

Keywords

• Spoolable composite pipe
• Oil and gas pipelines
• Corrosion-resistant linepipe
• Reinforced thermoplastic pipe
• Composite pipeline systems

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Composite Pipe Products: Sale of spoolable composite linepipe products (Flexpipe, Flexpipe HT, Flexcord) and fittings. Products sold with various pressure ratings (300, 750, 1,500, 2,250 psi) and temperature capabilities for oil and gas applications.
2. Field Services & Equipment Rental: Contractor training, certification, and rental equipment kits including crimpers, power packs, insertion presses, and A-frames for pipe installation.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Flexpipe designs, manufactures, and sells spoolable composite linepipe systems used by oil and gas operators as a corrosion-resistant alternative to steel pipe. Product lines include Flexpipe (standard pressure 300-1,500 psi), Flexpipe HT (high-temperature to 180°F/82°C), and Flexcord (steel-cord reinforced to 2,250 psi), complemented by proprietary crimp fittings, the Flexpipe Pulse digital platform, installation equipment rentals, and contractor training services.

Product overview

Flexpipe offers a portfolio of spoolable composite pipeline products for the oil and gas industry. The core product line includes Flexpipe (standard pressure ratings of 300, 750, and 1,500 psi in 2-6 inch diameters), Flexpipe HT (high-temperature variant handling up to 180°F/82°C), and Flexcord (steel-cord reinforced product rated to 2,250 psi for severe cyclic applications in 3-4 inch sizes). These are complemented by proprietary Flexpipe Fittings (nickel-coated or stainless steel joining systems) and Flexpipe Pulse (digital platform for communication, traceability, and inventory management). Support services include equipment rentals (crimpers, power packs, insertion presses) and contractor training and certification programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Flexpipe Composite Linepipe Spoolable, flexible composite pipe made from a thermoplastic liner, helically-wound reinforcement layer, and external thermoplastic jacket for oil and gas operators needing corrosion-resistant, high-pressure pipeline in 2-6 inch diameters at 300, 750, and 1,500 psi ratings.
• Flexpipe HT High-Temperature Composite Pipe High-temperature spoolable composite pipe using PE-RT liner and jacket capable of continuous service up to 180°F (82°C), available in 750 and 1,500 psi pressure ratings for high-temperature oil and gas applications.
• Flexcord Steel-Cord Reinforced Pipe Galvanized steel-cord reinforced flexible composite pipe for severe pressure cycles and pulsations generated by piston pumps, available in 3 and 4 inch IDs with maximum operating pressure of 2,250 psi.
• Flexpipe Fittings Patented one-piece joining systems installed through Flexpipe's proprietary crimping process, available in nickel-coated or stainless steel options, tested to NACE MR01755, CSA Z662, and API 15S standards.
• Flexpipe Pulse Digital Platform Digital collaboration platform connecting Flexpipe, contractors, and end-users with project traceability, trackability, and inventory management capabilities during spoolable pipe installation projects.
• Installation Equipment Rentals Rental kits including crimper, remote valve, power pack, insertion press, A-frames for pipe reels, riser support trays, pull tools, custom cleaning pigs, and corrosion prevention products (Denso and 3M) used by contractors to install Flexpipe systems.
• Contractor Training and Certification Comprehensive program educating contractors on safe, correct, and cost-effective installation of Flexpipe products, combining theory and hands-on training with Flexpipe rental equipment, pipe, and fittings.

Quantifiable outcome

• 30-40% reduction in installation costs compared to steel pipe
• +8 more outcomes

Named customers24 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• OilSERVminorImplementation/ SI/ Consulting PartnerInstallation contractor for Flexpipe products in Iraq. OilSERV performed 400 meter above ground installation of FP601HT at Khor Al Zubair in less than a day.

Scale indicators13 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Pipelife: Pipelife is a European manufacturer of plastic pipe systems for water, gas, energy, and industrial applications, and parent of SoluForce. It competes with Flexpipe through SoluForce in spoolable composite linepipe and through its broader plastic pipe portfolio in adjacent markets like gas distribution and water.
• National Oilwell Varco (NOV): NOV is a large, diversified oilfield equipment and services provider that offers spoolable composite pipe products (including Fiberspar linepipe) alongside a much broader portfolio of drilling, completions, and production equipment. It competes with Flexpipe in composite linepipe while serving as a broad incumbent across oilfield technologies.
• TechnipFMC: TechnipFMC is a major oilfield services and equipment provider offering flexible pipe solutions, subsea systems, and surface wellhead technologies. While broader in scope than Flexpipe, it serves overlapping oil & gas customers requiring flexible pipe for high-pressure and corrosive-service applications.
• Wellstream (GE Oil & Gas / Baker Hughes): Wellstream, now part of Baker Hughes (formerly GE Oil & Gas), manufactures flexible pipe and risers for offshore and onshore oil & gas. It competes in flexible pipe for upstream and midstream applications, with overlapping customer base and similar pressure/corrosion challenges addressed by composite and steel-armored flexible solutions.

Direct peers

• Strohm (formerly Airborne Oil & Gas): Strohm produces thermoplastic composite pipe (TCP) for subsea and onshore oil & gas, with comparable spoolable architecture targeting flowlines, jumpers, and gathering lines. It directly competes with Flexpipe in spoolable composite pipe for hydrocarbon service and shares customer overlap in upstream operators.
• Magma Global: Magma Global manufactures m-pipe, a thermoplastic composite pipe designed for high-pressure offshore and onshore oil & gas applications. Its technology overlaps with Flexpipe's spoolable composite linepipe in addressing corrosion and high-pressure challenges, targeting similar E&P and midstream customers.
• SoluForce: SoluForce (a brand of Pipelife/Nexans) manufactures spoolable reinforced thermoplastic composite pipes for oil & gas, mining, and industrial applications. It is the closest direct competitor to Flexpipe's core composite linepipe products, with overlapping pressure ratings, temperature capabilities, and target customers in upstream and midstream.

Others

• Subsea 7: Subsea 7 is a subsea engineering, construction, and services company that installs flexible pipelines and umbilicals for offshore oil & gas. While not a pipe manufacturer, it is an adjacent ecosystem participant that buys flexible pipe systems for offshore projects and overlaps with Flexpipe's customer base in upstream operators.
• Mattr Corp. (parent): Mattr Corp. (formerly Shawcor) is Flexpipe's publicly traded parent company, with adjacent pipeline coating, connection systems, and composite technologies. It is a structural peer insofar as it owns Flexpipe and shares the pipeline infrastructure customer base, though it operates as a broader infrastructure technologies platform rather than a direct competitor.

Emerging players

• Polyflow LLC: Polyflow manufactures spoolable fiberglass-reinforced plastic pipe for oil & gas, water, and industrial applications. As a smaller, focused competitor, it overlaps with Flexpipe in composite linepipe for low- and mid-pressure gathering and injection lines, primarily in North American markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/433763

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flexpipe