Marine Link
Saturday, December 3, 2016

TWMA Wins Angola's First Offshore Processing Contract

September 3, 2013

TWMA, a company in integrated drilling and environmental solutions for the international onshore and offshore oil and gas industry, has become the first to be awarded an offshore processing contract in Angola.

The agreement, worth up to $35m, will see TWMA pioneer the concept of offshore processing in this rapidly developing but environmentally sensitive frontier, through the design, installation and operation of tailored solutions on board a newbuild drillship to support a major global operator’s drilling campaign.

Underlining TWMA’s global growth plans, this latest contract - with duration of up to five years - will see the company establish a new onshore support facility in Luanda and is expected to generate up to 50 new jobs in Aberdeen and Angola by the end of the year.

Ian McGillivray, global sales executive at TWMA, said, “As new and frontier energy regions around the world develop, it is critical that operators are aware of the differing environmental legislation and standards, and as such carefully plan how they intend to deal with drill cuttings and associated materials.

“This is an exciting project for TWMA and will see us operate for the first time in a country where there is an evolving environmental policy regarding the treatment and disposal of drill cuttings. As a result we are engineering our proven solutions into a newbuild rig design to recycle drill cuttings and fluids at source.”

TWMA is currently working with clients in the U.K., Norway, Egypt, Cameroon, Abu Dhabi, Canada and the United States; treating and recycling in excess of 100,000 tonnes of drill cuttings and associated fluids annually.

“Having assisted operators in their global drilling campaigns for many years our innovative solutions have earned the trust of the industry and are capable of meeting even the most stringent environmental regulations,” added Rob O’Neill, sales director at TWMA



 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News