TWMA secures contract with Neptune Energy
ABERDEEN -- Specialist drilling waste management company, TWMA, has secured a seven-figure contract with independent exploration and production company, Neptune Energy.
The three-year contract, which comes with the option of a two-year extension, will include skip and ship and solids control to manage and process drill cuttings. The scope of work will also include the provision of cuttings containment, pit and tank cleaning and offshore processing using TWMA’s innovative TCC RotoMill technology.
The TCC RotoMill unit will allow drilling waste to be processed safely and effectively on site offshore, significantly reducing the logistics costs associated with skip and ship. The technology enables high ROP drilling rates in even the harshest offshore environments and reduces lifting operations by up to 95%.
TWMA will also use transfer and containment solutions to transport drilling waste generated at source to its specialist onshore thermal processing facility in Peterhead, Aberdeenshire.
Gareth Innes, chief commercial officer of TWMA, commented: “We are extremely pleased to partner with Neptune Energy and further expand our presence in the North Sea. This contract underpins our strong capabilities and strengthens the foundations for our continued growth both in the UK and overseas.
“The use of our TCC RotoMill technology allows us to deliver significant cost savings per well of up to 40%, compared to the traditional skip and ship method.
“We look forward to working with Neptune Energy and demonstrating to them how offshore processing of drill cuttings can bring massive benefits in both cost savings and environmental impact.”
The Cygnus Field is the largest single producing gas field in the UK, and comprises four platforms and two subsea structures, serving an estimated field size of 250 km2. It contributes up to 8% of UK gas production; sufficient to heat the equivalent of at least 1.5 million UK homes.
