The company’s continued growth has been reinforced by a new multi-million dollar, two-year contract in the UAE, where it has operated for over a decade. TWMA specialises in turning drilling waste into a valuable resource and operates globally, with key regions including the UK, Middle East, Norway, and the US.

TWMA chief executive officer Halle Aslaksen said: “The first-quarter 2024 results recognise the continued growth, specifically in our global operations, where we continue to invest in our people and expertise.

“We are passionate about the environmental benefits that our RotoMill technology delivers to our clients’ drilling projects and the value we bring the industry is reflected in our positive results and investment.

“We are looking forward to a successful 2024 with more exciting projects and growth in our team and operations worldwide.”