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TWMA Celebrate Award Success for Global Impact
Drilling waste management specialist, TWMA, has been announced as this year’s Going Global winner at the prestigious Northern Star Business Awards.
22 April 2024
Drilling waste management specialist, TWMA, has been announced as this year’s Going Global winner at the prestigious Northern Star Business Awards.
The award recognises companies that have exemplified consistent global growth and implemented a successful strategy to enter new markets. Taking place on Friday night [19th April 2024], the award ceremony saw TWMA receive recognition for its expansion in worldwide operations across the UK, Middle East, Africa, Norway, and USA.
TWMA’s growth trajectory is underpinned by a series of significant contract wins, including a 12-year partnership with Norwegian giant Equinor and a $100 million contract for a major sour gas development in Abu Dhabi – further highlighting TWMA's capacity to support significant energy projects globally.
These contracts will see TWMA utilise its pioneering technology, including RotoMill® 2.0, the most recent advancement in its award-winning technology portfolio. TWMA’s innovations enable drilling waste to be processed and recycled at the wellsite, significantly reducing environmental impact and enhancing operational efficiency.
Accepting the award on behalf of TWMA, Global Business Development Manager, Sandy Wood, commented: "We take great pride in Aberdeen Chamber of Commerce commending our global expansion and growth trajectory. Receiving the award is a testament to TWMA’s strengths in enhancing our customers’ operations by delivering efficient, safe and sustainable drilling waste solutions worldwide.
We are committed to continued innovation, global expansion and driving sustainable excellence within the energy industry."
Hosted at P&J Live, the Northern Star Business Awards celebrates its 20th anniversary, recognising the achievements of inspiring individuals and organisations of all sizes across all sectors throughout the North-east of Scotland.
All the latest from TWMA
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All the latest from TWMA
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News
Meet the TWMA Team
Ryan Bowron shares his valuable insights and wealth of experience in a recent Q&A:
10 September 2024 -
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TWMA to Showcase Innovations at Pareto Securities' 31st Annual Energy Conference.
05 September 2024 -
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TWMA Announces Second-Quarter Profit of $4.9million
Specialist drilling waste management company, TWMA, has posted its second quarter 2024 earnings of $19.5million and operating profit of $4.9million.
02 September 2024 -
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TWMA Secures Contract Extension with Equinor
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.
13 June 2024 -
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TWMA Announces Continued Growth with First-Quarter 2024 Results
Specialist drilling waste management company, TWMA, has posted its first quarter 2024 earnings of $18.3million and EBITDA of $4.7million.
31 May 2024 -
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TWMA Announces Strong Growth Following Annual Results
TWMA posted its annual results (year ended to December 31, 2023) reporting an increase in turnover to $70.9million from $67.8million.
20 May 2024 -
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TWMA Celebrate Award Success for Global Impact
Drilling waste management specialist, TWMA, has been announced as this year’s Going Global winner at the prestigious Northern Star Business Awards.
22 April 2024 -
News
TWMA Announces Closing of $62.5 Million Sustainability Linked Bond
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.
13 February 2024 -
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Middle East Award Nomination for RotoMill Technology
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.
06 February 2024 -
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TWMA named as Going Global Finalist for 2024 Northern Star Business Awards
Specialist drilling waste management company, TWMA, has been shortlisted for the Going Global Award at the 2024 Northern Star Business Awards.
22 November 2023 -
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TWMA to double Middle East operations following $100 million contract win.
Specialist drilling waste management company TWMA has secured a $100 million contract for a major sour gas development in Abu Dhabi.
03 October 2023 -
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Join the Specialists at ADIPEC.
Join TWMA at ADIPEC in hall 8 on stand #8410 from 2-5 October in Abu Dhabi.
28 September 2023 -
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TWMA secures major contract with Norwegian giant Equinor.
20 September 2023 -
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TWMA to present innovations at Pareto Securities' 30th Annual Energy Conference.
19 September 2023 -
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TWMA launches RotoMill 2.0 wellsite processing solution.
07 September 2023 -
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TWMA secures bp Egypt contract worth $15 million.
TWMA has been awarded a contract worth up to $15 million to support a large-scale oil and gas project for bp in Egypt.
14 August 2023 -
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TWMA Middle East celebrates milestone of 5 million work hours without lost time incident (LTI).
TWMA, the specialist drilling waste management company, has achieved 5 million work hours lost time incident (LTI) free across its Middle East operations.
02 August 2023 -
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TWMA decarbonisation efforts recognised with win at Offshore Achievement Awards.
TWMA, the drilling waste management specialist, received the Carbon Reduction in Conventional Assets award at the 2023 Offshore Achievement Awards.
20 March 2023 -
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TWMA secures seven-figure contract with North Sea operator.
Specialist drilling waste management company, TWMA, has secured a seven-figure contract with a major North Sea oil and gas operator.
02 March 2023 -
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TWMA celebrates reaching 4.5 million work hours LTI free in the Middle East.
TWMA, the specialist drilling waste management company, has achieved 4.5 million work hours lost time incident (LTI) free across its Middle East operations.
02 February 2023 -
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TWMA named as Carbon Reduction in Conventional Assets finalist for 2023 SPE Offshore Achievement Awards.
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.
18 January 2023 -
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TWMA launches XLink™ real time monitoring and automation solution at ONS.
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
31 August 2022 -
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Drill Cuttings Treatment Alternatives - A Comparative Emissions Assessment.
A case study assessing the CO2 footprint and NO2 emissions for different drill cuttings treatment alternatives.
02 February 2022 -
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TWMA reaches key UAE milestone as it achieves API Q2 Certification.
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.
18 January 2022 -
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Case Study: A wellsite processing solution proven to lower carbon emissions.
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%.
10 January 2022 -
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TWMA’s wellsite processing solution proven to reduce carbon emissions of 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.
16 November 2021 -
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TWMA Celebrates 20 Years of Offshore Processing.
TWMA celebrates 20 years of offshore processing, delivering the gold standard in wellsite technology application and operational excellence.
15 July 2021 -
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TWMA awarded three-year extension for Aker BP's Valhall Flank Project.
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).
16 June 2021 -
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TWMA Named as Net Zero Award Finalist for SPE Offshore Achievement Awards.
Specialist drilling waste management company, TWMA, has been shortlisted in the Net Zero category at this year’s SPE Offshore Achievement Awards.
06 May 2021 -
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TWMA secures first contract with Spirit Energy at Grove field.
Specialist drilling waste management company, TWMA, has secured a seven-figure contract with leading exploration and production company, Spirit Energy.
25 February 2021 -
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TWMA’s move to new global HQ in Aberdeen to support growth plans and new technology roll outs.
Specialist drilling waste management company, TWMA, has secured new headquarters in Aberdeen to support business growth and deliver remote operations for its customers.
04 February 2021 -
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TWMA secures £20 million of North Sea contracts
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.
04 September 2019 -
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TWMA named as Great Company (Large) at 2019 Offshore Achievement Awards
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).
22 March 2019 -
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TWMA Maintains Growth Strategy, Acquires US Service Company
TWMA, provider of specialised drilling waste management services, has announced its acquisition of US-based Dynamic Oilfield Services in an eight-figure deal.
20 June 2018 -
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TWMA achieves 12 months LTI free
Specialist drilling waste management company, TWMA, has reached 12 months lost time incident (LTI) free operations.
27 June 2019 -
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North east classrooms refreshed and charities uplifted by TWMA’s office donations
TWMA has used an office upgrade as an opportunity to uplift local schools and charities.
03 December 2020 -
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Drill into the low carbon benefits of processing at source
31 August 2020 -
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TWMA reaches 9 years LTI free operations in Egypt
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.
11 May 2020 -
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TWMA adapts equipment to provide critical service to major operator in UAE
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.
29 April 2020 -
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The benefits of processing drill cuttings at the rig site
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.
19 March 2020 -
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TWMA appoints new CEO
Specialist drilling waste management company, TWMA, has announced the appointment of Halle Aslaksen as its new CEO.
19 February 2020 -
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Optimising financial and environmental gains with at source drilling waste management
Water-based and non-aqueous drilling fluids (NAF) and associated drill cuttings are the largest waste streams generated from global offshore drilling operations.
21 November 2019