Weatherford, Exceed enter well decommissioning partnership

Offshore staff

ABERDEEN, UK – Well management/performance improvement specialist Exceed has formed an alliance with Weatherford.

The two companies will offer an “end-to-end” solution for well decommissioning via an integrated team combining technical and commercial capabilities.

Weatherford brings global P&A experience, field proven tools, and technology. Exceed is working on a contract in the UK northern North Sea to P&A 45 platform wells and 16 subsea wells for Fairfield Energy.

Exceed says the alliance can develop flexible commercial models tailored to client requirements, providing cost savings through bulk purchases, shared equipment and resources, and improved safety and operational performance via an incentivised approach.

The collaboration could be extended to bring in further partners to create a project-wide EPC service. The two companies have already established global agreements with various service providers to expand their portfolio when needed.

04/08/2016

Share your news with Offshore at news@offshore-mag.com

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...