DRILLING WASTE MANAGEMENT MARKET ANALYSIS

Market News

Global Drilling Waste Management Market: Recent Developments

• In September 2019, TWMA has secured a contract from North Sea operators to provide offshore processing of drilling waste using its innovative TCC RotoMill technology which allows drill cutting to be managed safely and effectively on site. The contract value is estimated to be around £20million.
• In June 2018, Halliburton recently unveiled the BaraOmni hybrid separation system, an advanced separation technology able to remove ultra-fine low gravity solids (LGS) resulting in better performing, longer lasting fluid systems. BaraOmni allows drilling fluid, contaminated solids, and other hydrocarbon waste streams to be treated with a single system.
• In September 2016, The State Oil Company of Azerbaijan Republic (SOCAR) has opened a waste management center in Garadagh district of Baku City. The center can process sludge generated during drilling in accordance with the international standards.