UK/IRELAND

Well management pioneer sees Asia, Africa growth

AFRICA and Asia-focused well management specialist Exceed expects further growth in Canada next year, having established a base there last year.

Well management pioneer sees Asia, Africa growth

The Aberdeen-headquartered company reached its target turnover of £15 million ($A28.75 million) this year, adding 10 new business support crew to its home base including a global business development manager.

The group, established in 2005, now employs a team of 75 with presences in Canada, Ghana, Kenya, Myanmar and Malaysia, and is targeting further growth in new strategic markets next year across southeast Asia and Brazil, along with recent contracts won in Iraq and Kenya.

Exceed started as a performance improvement specialist before diversifying in 2009 to launch the industry's first wells management team to focus on deep water well delivery, delivering projects in the Black Sea, East Mediterranean and Indonesia.

The company continues to trail blaze, currently planning the first deep water campaign in Myanmar, expected to start early next year.

The establishment of Exceed Canada in 2013 followed an agreement with two Canadian operators to provide wells teams to support their existing drilling programs. Exceed now has a team of harsh environment drilling experts supporting operations offshore on three rigs East Coast Canada.

It is also establishing a new enterprise in Ghana driven by a high degree of confidence in the growth of the region following the announcement of the 10 deep water field development offshore Ghana and other emerging opportunities in the Gulf of Guinea.

Exceed founder and director Ian Mills, who has 30 years of experience in the oil and gas industry including senior drilling roles at Shell and BP, said the company had experienced an increase in client-led enquiries across the business - "and as a result of the increased number of projects, we have invested heavily in our recruitment".

"The fact that we have been requested to support land-based well construction projects, which are typically much lower cost operation, highlights the clients' belief and commitment in our performance improvement solutions," he said.

Exceed's performance improvement division typically improves clients' safety and increasing rig productive time by 10-15%.

The company launched its well management service to become the world's preferred wells specialists partnering with clients to develop prospects without incidents and at the lowest possible cost of access.

It hopes to benefit its target market - national oil companies and the independent international oil companies - in the calibre and training of its people and its track record for consistently delivering well objectives safely, on time and within budget.

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