Aberdeen-headquartered company Exceed has announced 20 new positions for its forthcoming Cheviot Field development campaign.
Penning a deal with Alpha Petroleum Resources Limited that includes the drilling and completion of a total of 18 subsea wells, Exceed, a well management and performance improvement specialist, aim to commence the contract with immediate effect.
The operational phase of the contract should begin in Q2 2018, subject to securing Final Investment Decision (FID) in Q4 2017.
Exceed, who despite the downturn have invested internally, will provide drilling engineering and well construction operations management within blocks 2/10a, 2/15a and 3/11b of the North Sea for approximately 1,000 days.
Exceed’s managing director, Ian Mills, said: “During the challenges of the past few years, the Exceed team has worked extremely hard to implement a strategy that ensures we now have the capacity and capability to manage major projects through our in-house, multi-disciplined team.
“By playing a significant role in the delivery of one of the largest field developments in the North Sea in recent times, Exceed is delighted to be creating 20 new jobs. This award is a clear illustration of the benefits our investment strategy has delivered and we look forward to working with Alpha Petroleum and our fellow contractors to successfully deliver this key UKCS project.”
Alpha Petroleum’s COO, Graham Walters, added: “We conducted a careful evaluation of well management companies in order to select the right fit for Alpha and Cheviot. The award to Exceed will provide the additional operational strength and support the Alpha team requires as we prepare to commence operations next year.”