Stockholm, 13 March 2019
Drilling management contract awarded to Exceed
The project will comprise full well project management services to deliver a deep-water exploration well – the first deep water well to be drilled offshore Guinea Bissau.
Exceed’s work scope will include all front-end engineering planning, service procurement support, logistical set-up, HSE management (including systems permitting) and operational execution of the well.
Svenska farmed in to the Guinea-Bissau licences, covering Blocks 2, 4A and 5A, in 2007. When the previous operator, Premier Oil, decided to withdraw from the licences, Svenska assumed the operator’s role with an increased equity.