Well management and performance improvement solutions provider Exceed Group has announced the creation of a Norwegian subsidiary.
The formation of the new firm ‘Exceed Norge’ reflects Exceed Group’s strategy, which is aimed at increasing the firm’s growth both in terms of geography and services offered.
EXCEED Norge managing director Mike Simpson said: “Never has there been a more appropriate time to adjust commercial models for the benefit of the operator and supply chain communities.
“With several decades’ robust experience behind us, the Exceed Norge team has identified gaps in existing industry service levels. We aim to lead a change in this respect, bridging those gaps with the introduction of alternative contracting models and working with the wider industry on a collaborative basis.”
In addition to expanding the range of well management services to Exceed’s local and international client base, Exceed Norge will majorly focus on the implementation of new commercial models, applied to exploration drilling, as well as well plug and abandonment (P&A) activity.
Ian Mills, Exceed Group Managing Director adds: “Combining the local presence and expertise of Exceed Norge with the capabilities of Aberdeen-based Exceed has resulted in a highly experienced and effective pan-North Sea alliance, which will now include site survey, rig positioning, well incident recovery and marine services.
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“By adding Exceed Norge to our existing international presence and multi-disciplinary experience, we have created a powerful market proposition, which illustrates our long term commitment to longevity of the offshore energy sector.”