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Home›Business & Finance›UAE: TWMA Wins Upper Zakum Field Contract
Business & Finance

November 29, 2012 · about 13 years ago

UAE: TWMA Wins Upper Zakum Field Contract

TWMA, the leader in integrated drilling services and environmental solutions, announces a significant contract win for Zakum Development Company’s (ZADCO) flagship UZ 750 Project at Abu Dhabi’s Upper Zakum field, the fourth largest oilfield in the world. Commencing in December 2012, the contract, wo

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TWMA, the leader in integrated drilling services and environmental solutions, announces a significant contract win for Zakum Development Company’s (ZADCO) flagship UZ 750 Project at Abu Dhabi’s Upper Zakum field, the fourth largest oilfield in the world.

Commencing in December 2012, the contract, worth up to 20 million USD, will see TWMA design, commission and operate an advanced solids control and fluid recovery system for the artificial islands project – the first of its kind in the United Arab Emirates.

The contract is for a period of five years with two one-year extension options. Over the course of the project TWMA will deliver a range of specialist drilling services, including the handling, transfer, storage and treatment of both oil based and water based drill cuttings.

On winning the contract, TWMA sales director Rob O’Neill said: “Our cuttings handling solutions are leading the way in the field of drilling , making us the ideal partner for ZADCO on a project that has the potential to redefine oil production in the Middle East.”

This latest success means that TWMA has accelerated its global growth plan and is investing a substantial sum in a new onshore support facility in Abu Dhabi, which is due to open in early 2013. The facility will include provision for onshore support services including repair, maintenance and construction, as well as office accommodation and yard and warehousing space.

As a result, a significant number of new positions will be created in the Middle East, including project managers, offshore supervisors, operators and support staff with a number of opportunities in Aberdeen also being created to provide associated support services.

“This is a fantastic opportunity for us and we will work closely with ZADCO to develop and deliver a safe and efficient solution to meet and exceed the requirements of working in such a unique environment,” continues O’Neill . “Securing this contract is testament to the benefits of our technology and the commitment of our people to constantly provide the highest standards of quality and service.

“Globally, our business is going from strength to strength. With recent successes in the US and UK we very much see our relationship with ZADCO as the basis for the future growth of our market leading services in the Middle East, underpinning our commitment to the region.”

[mappress] Press Release, November 29, 2012

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