ABERDEEN-headquartered well management firm Exceed Energy has announced the creation of a Norwegian subsidiary.
Stavanger-based Exceed Norge will focus on the planning and drilling of wells in the Barents, Norwegian and North Seas.
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It will be headed by Mike Simpson, managing director, who has over 30 years’ experience in the Norwegian and international energy sectors.
Mr 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.”
Ian Mills, Exceed Group managing director, added: “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.”
