HMH and Stepwise Establish Collaboration Agreement

Press release
June 15, 2023

HMH, a leading provider of drilling equipment and innovative solutions, and Stepwise, an industry pioneer in carbon emission planning and heavy industry reduction, recently announced a collaboration agreement. This initiative aims to further develop and provide a comprehensive set of solutions that will enhance emission reduction management, boost operational efficiency, and minimize the environmental impact of drilling operations.

Roy A Dyrseth, Chief Commercial Officer at HMH, comments,"This collaboration agreement with Stepwise aligns with our commitment to innovation and sustainability. Their proficiency in transparent emission reduction management, combined with our state-of-the-art drilling equipment, will empower our joint customers with exceptional value."
Geir Ove Eikill, Head of R&D and Marketing at Stepwise, expressed his enthusiasm. "We are excited to collaborate with a respected industry leader like HMH. This agreement enables us to bolster our SaaS platform with HMH’s innovative drilling solutions, offering our clients a comprehensive approach to managing their Energy Reduction Initiatives (ERI’s)all within a single platform." said Eikill.

This collaboration emphasizes both companies' commitment to promoting sustainable operations within the offshore energy sector. As part of this agreement, HMH and Stepwise will collaborate to offer industry-leading solutions and technologies to ensure improved performance and emission management.

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