Abu Dhabi deals for North Sea firms TWMA and Osso
Aberdeen drilling waste management firm TWMA has extended a contract in United Arab Emirates (UAE) in a deal worth $70 million (£54.3m).
TWMA
TWMA earned near £15 million in Q2 amid ‘growing demand’
Aberdeen drilling waste management firm TWMA has announced earnings of $19.5million (£14.85m) in the second quarter of 2024, showcasing “growing demand” the firm’s CEO claimed.
Aberdeen’s TWMA lands £83 million contract to double Middle East operations
Aberdeen-headquartered TWMA has secured a $100 million (£82.73m) contract for a major sour gas development in Abu Dhabi.
TWMA wins BP work in Egypt’s Nile Delta
"By utilising the RotoMill on this operation, bp can recover and reuse valuable base oil in their drilling system, delivering both environmental and commercial value to their operation."
Aberdeen’s TWMA lands seven-figure contract with North Sea operator
An Aberdeen-based specialist drilling waste management company has landed a seven-figure contract with a North Sea oil and gas operator.
TWMA bags multi-million pound contract with Spirit Energy
Specialist drilling waste management firm TWMA has secured a “seven-figure” contract with offshore exploration and production company Spirit Energy.
TWMA workforce cut by 6% this year
Specialist drilling waste management company TWMA was forced to cut its UK workforce by around 6% this year after an “excellent” 2019, bosses have said.
Rovop boosted by fresh cash injection from investors
Investors in subsea service firm Rovop have pumped millions of pounds more into the business and installed a new CEO.
TWMA appoints new chief executive
Specialist drilling waste management company TWMA, of Aberdeen, unveiled a new chief executive yesterday.
Waste not, want not: Why offshore processing of drill cuttings has become the new norm in the North Sea
The past year has seen a practice shift across the North Sea, as companies strive to ensure their commitment to HSE is reflected throughout every aspect of their operations.
OGUK Awards finalists revealed
The shortlist for this year’s prestigious Oil & Gas UK Awards has been revealed today.
Industry stalwart Pinto honoured at awards ceremony
An energy industry stalwart was recognised for his technical nous and role in inspiring young people to get into engineering careers at a glittering awards ceremony in Aberdeen last night.
TWMA wins seven-figure contract with Neptune Energy
Oilfield service firm TWMA has won a contract worth at least a million pounds with Neptune Energy in the latest in a series of awards this year.
TWMA hires director to spearhead MENA region growth
Drilling waste management firm TWMA has hired Mohamed Galal as director for the Middle East and North Africa (MENA) region.
TWMA keeps winning streak going with £5m Apache contract
Oil field service firm TWMA has continued its streak of North Sea contract wins by sealing a new £5 million deal with Apache.
North-east oil service firm makes multi-million pound US acquisition
A north-east oil services company has acquired a US firm for more than £10million.
EnerMech, TWMA feature in league table of fastest growing firms
Ten Scottish firms feature in a new league table of the UK’s fastest-growing companies by international sales – and six of them are in the north and north-east.
TWMA creates work for 50 staff with Nexen contract
TWMA has secured a drilling waste management contract with Nexen Petroleum, creating work for more than 50 staff.
TWMA agrees six-figure North Sea deal with AGR and Decipher Energy
Drilling waste management service firm TWMA has announced a six-figure contract agreement with AGR and Decipher Energy.
TWMA’s new Total contract to create new North Sea jobs
A contract win with French oil giant Total is to safeguard existing jobs within north-east based firm TWMA, with the hope of creating a few more.
TWMA cleans up with £1million North Sea deal
Aberdeen oil service firm TWMA has clinched a £1million contract to carry out waste management duties on a central North Sea drilling project.
TWMA secures projects with Maersk Oil UK
Environmental solutions provider TWMA has been awarded two projects with Maersk Oil UK in the North Sea.
Aberdeen’s TWMA bought by global energy specialists
Aberdeen-based integrated drilling waste and environmental services company TWMA has been acquired by private equity firm Buckthorn Partners.
TWMA lands offshore waste management contracts
Environmental service specialist TWMA has been awarded new contracts with a combined value of £500,000 for skip and ship and onshore processing services.
Egypt Air hijacking suspect remanded
An Egyptian man has been remanded in custody for eight days by a Cypriot court after authorities said he admitted hijacking a domestic EgyptAir flight and diverting it to Cyprus by threatening to blow it up with a fake explosives belt.