Well management and performance improvement specialist Exceed, based in Aberdeen, has won its first Malaysia-based contract for its performance improvement division, worth around $600,000.
The three year call-off contract will see up to three members of Exceed personnel mobilised to the region. Performance coaches in this division work alongside client rig teams, developing front line solutions to optimise operational efficiency, reduce costs and eliminate waste, Exceed said.
Exceed’s well management division has also recently completed the first ever ultra-deepwater well in Myanmar, Southeast Asia. The well was drilled in water depths of 5800ft, with the well planning starting in February 2014 and the well drilled and completed by March 31, 2015. The work, worth around $8 million, involved a team of 24 over the past 13 months.
Exceed Canada was proactively involved in the acceptance testing of a new build rig which is being purpose-built to suit the increasingly harsh environment offshore Eastern Canada.
Ian Mills, director and founder of Exceed, said: “We have experienced a strong start to 2015, particularly in Southeast Asia where we have completed work on the world’s first ultra-deepwater well. The new business secured for our performance improvement division is also extremely significant, in a time where operators around the globe are seeking to maximise cost efficiencies and reduce waste, whilst maintaining high levels of safety and reliability. We have a strong offering and track record here.
“The work in this region is an important step forward in our global growth plans. Investment in our business has been a key part of supporting that growth, with £500,000 committed over the last 12 months.
“A particular focus has been on inward investment, bringing in new and skilled people to support Exceed’s global expansion plans, with 12 new staff members taken on in the last year. Attracting the very best talent is at the heart of our business, as it is our people and our expertise which sets us apart.”