Aberdeen-based oil well management firm Exceed has formed two new commercial alliances with counterpart companies in the Netherlands and Norway, while also recently recruiting new staff.
Its partnership agreement with Netherlands-based maritime services provider Boskalis now enables Exceed to offer a fully-integrated decommissioning solution including topside, jackets, subsea and subsea pipeline capability.
Exceed’s most recent strategic alliance is with Norway-based Well Expertise, a recently formed integrated well management group. The alliance will see both companies join forces to provide enhanced technical expertise and operational capacity to clients in the UK, Norway and internationally.
Boskalis general manager Dick Lagerweij commented: “The partnership with Exceed is a strategic move for both organisations on project-by-project basis. Boskalis offers marine services to tackle a wide range of decommissioning scenarios whereas Exceed brings relevant well engineering expertise and current know-how.”
Exceed has also seen an increased requirement for engineering studies in 2016, with pre-feasibility engineering work, late life asset management and liability studies conducted on behalf of clients such as Faroe Petroleum, Verus Petroleum, the Oil & Gas Authority and Serica Energy.
As a result the firm has been one of the few to actively add to its numbers in the last 12 months, with a number of new team members coming from Applied Drilling Technology International (ADTI), the former well management division operated by Transocean.
ADTI ceased trading in May 2015 however this was quickly followed by the announcement that Exceed would merge with eight of its senior members, with plans to increase this number in the future.
A further six members of staff have been taken on since then, including three graduate engineers, and Exceed plans to recruit another 20 people by March 2017.
Exceed managing director Ian Mills said: “We have experienced an upward trend in incoming enquiries in the last quarter of the year and we are approaching 2017 with a positive attitude based on the developments we have seen in the latter months of 2016.”