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TWMA breaks ground on Abu Dhabi drilling waste management facility
TWMA breaks ground on Abu Dhabi drilling waste management facility

Trade Arabia

time26-02-2025

  • Business
  • Trade Arabia

TWMA breaks ground on Abu Dhabi drilling waste management facility

TWMA, a global leader in drilling waste management, has officially broken ground on its latest facility in Habshan, Abu Dhabi. The milestone marks the beginning of construction for the world's most advanced, self-sustainable drilling waste management site. Scheduled for completion later this year, the cutting-edge facility is expected to be operational by summer 2025, said a statement from TWMA. Designed to streamline the management, transportation, and treatment of drill cuttings, the site will have the capacity to process up to 300 tonnes of drill cuttings per day. Additionally, it will recover up to one barrel of oil or diesel per tonne processed, enabling self-sufficiency through recovered fluids, it stated. With the ability to service up to 100 rigs, the facility will adhere to the highest Health, Safety, Environment and Quality (HSEQ) standards, supported by TWMA's innovative XLink system which provides operators with real-time drilling insights, including detailed carbon emission tracking to enhance environmental efficiency. According to TWMA, the facility will feature its latest RotoMill technology, which incorporates advanced energy-efficient features, an electric drive, and remote monitoring via XLink. These innovations will enhance the processing of drilling waste, while the electric drive significantly reduces CO2 emissions. This expansion will contribute to an increase in TWMA's total processing capacity, exceeding 120,000 metric tons of drill cuttings annually at locations worldwide, it stated. The site is set to create approximately 60 new jobs in the region, reinforcing TWMA's commitment to local economic growth and sustainability. Speaking at the groundbreaking ceremony, CEO Halle Aslaksen said: "This facility represents a significant step forward in sustainable drilling waste management." "By integrating our latest technologies, we are improving operational efficiency while significantly reducing carbon emissions. This investment underscores our commitment to innovation, sustainability, and strengthening our service capabilities across the Middle East," he added. Headquartered in Dyce, Aberdeen, TWMA is the world's drilling waste specialist, pioneering the best solutions and technology to turn waste into value.

XLink Communications Leads the Charge in Transforming Payment Solutions and Advancing Financial Inclusion Across Africa
XLink Communications Leads the Charge in Transforming Payment Solutions and Advancing Financial Inclusion Across Africa

Associated Press

time30-01-2025

  • Business
  • Associated Press

XLink Communications Leads the Charge in Transforming Payment Solutions and Advancing Financial Inclusion Across Africa

'This was a complete reset for the organisation, the market diversification strategy impacted every aspect of our operations. It wasn't just about changing one thing; we reinvented the entire company. ' — Dr. Thanusha Govender, XLink CEO JOHANNESBURG, SOUTH AFRICA, January 30, 2025 / / -- XLink Communications Pty (Ltd) is revolutionising the payments landscape through a suite of innovative products that are reshaping the customer payment experience. Over the past two years, XLink has solidified its position as a purpose-driven PayTech leader, committed to advancing financial inclusion—a critical driver for a prosperous African continent. In 2022, Dr. Thanusha Govender took the helm as CEO, introducing a bold new vision for XLink. Under her leadership, the company has undergone a strategic transformation from a connectivity provider to a multifaceted payment technology powerhouse, offering end-to-end integrated payment solutions. These solutions encompass hardware, software-as-a-service (SaaS), infrastructure, an aggregator connectivity platform, lifecycle and supply chain management, field technician networks, and call centre services, positioning XLink at the forefront of payment orchestration. 'This was a complete reset for the organisation,' stated Dr. Govender. 'The market diversification strategy impacted every aspect of our operations. It wasn't just about changing one thing; we reinvented the entire company, short of the name.' Today, XLink serves a diverse array of clients, including leading financial service providers, FinTech companies, merchant acquirers, payment aggregators, telcos, retailers, government entities, and businesses engaged in POS payments, ATMs, and cash management services. With a steadfast focus on innovation and financial inclusion, XLink continues to influence Africa's payments ecosystem by offering modular, interoperable solutions that address the continent's evolving needs. In line with its mission to create lasting societal impact, XLink is proud to announce the launch of XLink Send, its first cross-border payments solution. XLink Send is a remittance-as-a-service platform designed to empower banks, telcos, retailers, and FinTechs to offer affordable, efficient remittance services to both corporate and retail customers. In an industry known for high fees, XLink Send prioritises affordability, enabling users to send remittances across a variety of channels, including WhatsApp, mobile apps for retail users, and a web portal for corporate clients. These channels seamlessly integrate into a client environment and work along their existing technology estate. Looking ahead, XLink remains resolute in its commitment to improving financial access, ensuring that financial services are available to everyone, anytime, anywhere. With a strong foundation, visionary leadership, and a drive for innovation, XLink is poised for continued growth, remaining at the forefront of Africa's dynamic payments landscape by delivering seamless, accessible, and affordable payment solutions for individuals and businesses alike. For more information: Marketing: Chiraag Juguth at [email protected] Public Relations: Caroline Hillary at [email protected] Eloise McKenna Acumen Media +44 20 3553 3664

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