Energy services firm Kent has signed a binding agreement to acquire decommissioning engineering services provider Exceed.

Headquartered in Aberdeen, and with operations across more than 40 countries, Exceed brings two decades of experience in delivering complex offshore well projects, with 70 wells drilled and more than 150 decommissioned to date.

The company is one of only three licensed UK Well Operators and has a client base that includes international, national and independent energy organisations.

This deal should position Kent at the forefront of a market predicted to double in size over the next decade. The plan is to combine Exceed’s delivery model and track record with Kent’s global platform and project execution strength to meet growing demand for compliant and cost-effective

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