Ian Mills - director and founder of Exceed

Well management and performance improvement company, Exceed has announced a successful first quarter of the year, with significant new business being secured in Southeast Asia.

The Aberdeen-based company has won its first Malaysia-based contract for its performance improvement division, worth around $600,000 {£400,000}.

Performance coaches in this division work alongside client rig teams, developing front line solutions to optimise operational efficiency, reduce costs and eliminate waste. The three year call-off contract will see up to three members of Exceed personnel mobilised to the region.

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 commencing in February 2014 and the well drilled and completed by 31 March, 2015. The work, worth around $8million USD, involved a team of 24 over the past 13 months.

Exceed Canada has also bolstered the company’s international credentials, being 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.

Tags: Exceed