TWMA Announces Second-Quarter Profit of $4.9million

Ryan Bowron shares his valuable insights and wealth of experience in a recent Q&A:

Specialist drilling waste management company, TWMA, has posted its second quarter 2024 earnings of $19.5million and operating profit of $4.9million.

TWMA has successfully secured the first of five available contract extensions with Equinor, a major development that could extend their collaborative efforts until May 31, 2034.

Specialist drilling waste management company, TWMA, has posted its first quarter 2024 earnings of $18.3million and EBITDA of $4.7million.

TWMA posted its annual results (year ended to December 31, 2023) reporting an increase in turnover to $70.9million from $67.8million.

Drilling waste management specialist, TWMA, has been announced as this year’s Going Global winner at the prestigious Northern Star Business Awards.

Specialist drilling waste management company, TWMA, announced that it has closed on a $62.5 million Sustainability Linked Bond on the Nordic ABM in Oslo.

Specialist drilling waste management company, TWMA, has been announced as a finalist in the prestigious Oil and Gas Middle East Awards for its latest generation of RotoMill technology.

Specialist drilling waste management company, TWMA, has been shortlisted for the Going Global Award at the 2024 Northern Star Business Awards.

Specialist drilling waste management company TWMA has secured a $100 million contract for a major sour gas development in Abu Dhabi.

Join TWMA at ADIPEC in hall 8 on stand #8410 from 2-5 October in Abu Dhabi.

TWMA has been awarded a contract worth up to $15 million to support a large-scale oil and gas project for bp in Egypt.

TWMA, the specialist drilling waste management company, has achieved 5 million work hours lost time incident (LTI) free across its Middle East operations.

TWMA, the drilling waste management specialist, received the Carbon Reduction in Conventional Assets award at the 2023 Offshore Achievement Awards.

Specialist drilling waste management company, TWMA, has secured a seven-figure contract with a major North Sea oil and gas operator.

TWMA, the specialist drilling waste management company, has achieved 4.5 million work hours lost time incident (LTI) free across its Middle East operations.

Specialist drilling waste management company, TWMA, has been shortlisted for the Carbon Reduction in Conventional Assets Award at this year’s SPE Offshore Achievement Awards.

TWMA, has launched its new XLink™ solution, designed to provide oil and gas operators with increased automation, deeper insights and real time data monitoring to improve the efficiency of their wellsite drill cuttings processing system

A case study assessing the CO2 footprint and NO2 emissions for different drill cuttings treatment alternatives.

Specialist drilling waste management company TWMA has secured the American Petroleum Institute (API) Q2 accreditation for its UAE operation, the first quality management system (QMS) certification for service suppliers in the oil and gas industry.

Specialist drilling waste management company TWMA highlights how its wellsite processing solution has been proven to reduce the carbon emissions of oil and gas drilling operations by 50%.

Specialist drilling waste management company, TWMA, will highlight how its wellsite processing solution has been proven to reduce the carbon emissions of drilling operations by 50% at this year’s ADIPEC.

TWMA celebrates 20 years of offshore processing, delivering the gold standard in wellsite technology application and operational excellence.

TWMA, the specialist drilling waste management company, has been awarded a three-year contract extension to supply integrated waste management services for Aker BP’s Valhall Flank North and Hod B field development projects on the Norwegian Continental Shelf (NCS).

Specialist drilling waste management company, TWMA, has been shortlisted in the Net Zero category at this year’s SPE Offshore Achievement Awards.

Specialist drilling waste management company, TWMA, has secured a seven-figure contract with leading exploration and production company, Spirit Energy.

Specialist drilling waste management company, TWMA, has secured new headquarters in Aberdeen to support business growth and deliver remote operations for its customers.

Specialist drilling waste management company, TWMA, has secured new contracts valued at £20 million in the North Sea in the first eight months of 2019.

TWMA, provider of specialised drilling waste management services, has won the Great Company (Large) Award at this year’s Society of Petroleum Engineers (SPE) Offshore Achievement Awards (OAA).

TWMA, provider of specialised drilling waste management services, has announced its acquisition of US-based Dynamic Oilfield Services in an eight-figure deal.

Specialist drilling waste management company, TWMA, has reached 12 months lost time incident (LTI) free operations.

TWMA has used an office upgrade as an opportunity to uplift local schools and charities.

Drilling waste specialist, TWMA, has reached the milestone of nine years Lost Time Incident (LTI) free operations in Egypt across its sites in Cairo and Alexandria.

Drilling waste specialist, TWMA, has adapted its onsite drilling waste handling equipment to support safe operations for a major operator as it manages through the current crisis.

When it comes to defining the methodology for drill cuttings treatment, it is now possible to materially reduce costs, improve safety, and lower the carbon emissions of drilling projects.

Specialist drilling waste management company, TWMA, has announced the appointment of Halle Aslaksen as its new CEO.

Water-based and non-aqueous drilling fluids (NAF) and associated drill cuttings are the largest waste streams generated from global offshore drilling operations.