ABERDEEN oil services company Exceed has won a $4 million contract to support delivery of the first deep-water well to be drilled off small African nation Guinea Bissau.
Exceed, which has a core support staff of 40 based in the Granite City, has been awarded the 12-month contract to provide project management services for the well by Swedish company Svenska Petroleum Exploration.
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The Aberdeen company cited its recent work to “steer an operator through its maiden well project offshore The Gambia”.
Exceed revealed it was “at final negotiation stage” on additional exploration well projects for other clients in the region. It declared that these presented “opportunities for synergies and value optimisation for all participants across a multi-well campaign”.
Exceed said its workscope on the Guinea Bissau well would include all front-end engineering planning, service procurement support, logistical set-up for the well, and operational execution.
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The Aberdeen company said it was, under its long-term investment strategy, engaged in well-management and performance-improvement projects across the UK, Middle East, West Africa, South East Asia, Norway, and North and Central America.
Exceed noted it had employed 180-plus personnel in 2018, and added that the first quarter of this year had already seen its global skills base rise by 10%.
Al Brockie, head of well management at Exceed, cited “Exceed’s reputation for deep-water project management services in the West African region”.
He said: “We are at the forefront of operations in some of the world’s most complex and remote environments, consistently chosen to manage those challenging projects.”
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