Deepwater Drilling Specialists, Exceed, Expand Globally

SeaDiscovery.com
Monday, September 02, 2013
Ian Mills: Photo credit Exceed

Deepwater drilling and performance improvement specialist Exceed, exhibiting at the Offshore Europe 2013 expo,  announce significant growth along with international expansion into new markets.

The Aberdeen-based company says it has established new companies in Canada and Ghana on the back of recent contract wins and is in the process of setting up entities in Angola and the Middle East. Exceed has also secured further performance improvement work with Talisman Sinopec locally in the North Sea following a successful earlier project.

Exceed established an impressive track record as a performance improvement specialist before diversifying to launch the industry’s first project management team to focus solely on drilling projects in deepwater. The last 12 months have involved growth and diversification of both the performance improvement and deepwater divisions of the company in response to international client demand.

The establishment of Exceed Canada followed an agreement with two Canadian operators to provide high-calibre wells teams to support their existing drilling programmes. Despite significant challenges, the Canadian entity was established within a two-month timeframe and Exceed now has a team of close to 20 supporting operations offshore East Coast Canada.

The investment in a new enterprise in Ghana is driven by a high degree of confidence in the growth of the region following the announcement of the TEN deepwater field development offshore Ghana and other emerging opportunities in the Gulf of Guinea. With an initial investment of circa USD $100,000, Ghana is a strategic decision for Exceed while offering a business-friendly operating environment.

Whilst establishing an international footprint, Exceed’s Performance Improvement division has also branched out into new arenas. Work secured recently by the division includes the Talisman Sinopec project on a North Sea platform and supporting a world first deepwater rigless well stimulation campaign for a Ghana-based client. The company has also been awarded land-based projects with a multi-rig contract win in the Middle East.

Company founder and director Ian Mills, who has 30 years’ experience in the oil & gas industry including senior drilling roles at Shell and BP, said: “We have experienced an increase in client-led enquiries across the business, particularly for performance improvement where we have a differentiated service with our iVISION offering, the quality of our coaches and our ability to provide rig performance measurement."

"As a result of the increased number of projects, we have invested heavily in our recruitment, training and selection and now run monthly in-house training programmes for new coaches. We expect our PI division will increase turnover from just over $2million to $8million, while overall turnover is expected to be around $20million."
 

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Container Manufacturer Reports Profit Plunge

World-leading container manufacturer and logistics services provider Singamas Container Holdings Limited (Singamas) has  announced its unaudited interim results for the six months ended 30 June 2014.

CACI Named MSC Logistics Prime Contractor

CACI International Inc says it has been selected as a prime contractor to provide logistics support to the U.S. Navy’s Military Sealift Command (MSC) on the Worldwide

Iconic Star Ferry in Move to New Wan Chai Pier

With effect from the first departure on Saturday 30 August 2014, Hong Kong's “Wan Chai – Tsim Sha Tsui” ferry service will operate from the new Wan Chai Ferry Pier.

Offshore

Scotland Site for World's Biggest Tidal Array

The world’s biggest tidal array is to be built in North Scotland bringing jobs and energy security to the Pentland Firth region, informs a UK Government news release.

CBP Aircraft Locates Vessel in Distress

U.S. Customs and Border Protection Office of Air and Marine agents assigned to the North Dakota Air Branch have located four people on Red Lake after a call

EMGS Reports 2Q and 1H 2014 Results

Electromagnetic Geoservices ASA's (EMGS) reported revenues of USD 42.5 million in the second quarter 2014, down from USD 61.3 million in the first quarter this year and from USD 44.

People in the News

Bid to Rescue Clyde Shipbuilder Ferguson

Jim McColl, one of Scotland's richest men, has tabled a bid to rescue collapsed Clyde shipbuilder Ferguson and aims to return the yard to its former glory by creating hundreds of jobs,

400 Migrants Rescued by USCG & RBDF

Coast Guard crews and Royal Bahamian Defence Force (RBDF) rescued more than 400 Haitians illegally migrating in three separate at sea interdictions in the span of 11 days.

Navy CNO Sets Out Annual 'Navigation Plan'

The Navy's top leader has released a detailed plan that highlights the U.S. Navy's intended track and investments for the next 5 fiscal years, informs Chief of Naval Operations Public Affairs.

Offshore Energy

Scotland Site for World's Biggest Tidal Array

The world’s biggest tidal array is to be built in North Scotland bringing jobs and energy security to the Pentland Firth region, informs a UK Government news release.

EMGS Reports 2Q and 1H 2014 Results

Electromagnetic Geoservices ASA's (EMGS) reported revenues of USD 42.5 million in the second quarter 2014, down from USD 61.3 million in the first quarter this year and from USD 44.

Keppel Delivers 4th Jackup Rig to Qatar

Keppel FELS Limited (Keppel FELS) has delivered its fourth jackup rig, "Dukhan", to Gulf Drilling International Ltd. q.s.c. (GDI) of Qatar nine days ahead of schedule,

Underwater Engineering

RN Diving Expert Chris Baldwin Joins IMCA

The International Marine Contractors Association (IMCA) Secretariat says that Chris Baldwin has joined its team as a Technical Adviser following a short secondment from the Royal Navy.

Permanent On-site Collision Damage Repair in Greece

In July Hydrex mobilized a team of diver/technicians to Syros, Greece, for a complex repair operation on a 118-meter, 8550 DWT chemical tanker. The vessel had suffered

Maersk Drilling Rig Team Train Local Talent

Maersk Drilling says that its 'Mærsk Deliverer' rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Salvage Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3379 sec (3 req/sec)