Kent, a global engineering and project management firm, has acquired EXCEED Energy, a specialist in well management and performance improvement solutions, for an undisclosed amount. This corporate acquisition integrates EXCEED Energy’s extensive expertise into Kent’s portfolio. EXCEED Energy supports the global energy industry, offering services across the entire well lifecycle, from new country entry and drilling to subsea field development and decommissioning.
Headquartered in Aberdeen, UK, with operations in 38 countries including Norway, Mexico, Ghana, Canada, and Australia, EXCEED Energy is an integral player in the wider energy transition. The company provides critical services for well integrity management, including the reuse of existing wells and infrastructure for gas storage, blended hydrogen, carbon capture storage (CCS), and geothermal well delivery. Its services encompass subsurface engineering, well construction, managed pressure drilling, and performance improvement, enhancing safety and operational efficiency for leading operators and suppliers worldwide.
This strategic acquisition is expected to strengthen Kent’s capabilities in the evolving energy sector. EXCEED Energy’s deep specialisation in well management and its forward-looking involvement in energy transition projects, such as CCS and blue hydrogen, directly aligns with the industry's shift towards lower-carbon solutions. The combination of Kent's established global presence and EXCEED Energy’s specialised, integrated service offerings and international footprint creates significant synergies, allowing for more comprehensive client support across the full energy value chain.
The combined entity is poised to become a global leader in decommissioning, subsurface, and well management services. This integration will enable Kent to offer an enhanced suite of end-to-end solutions for traditional energy operations while significantly expanding its contribution to critical energy transition initiatives. The acquisition underscores a commitment to delivering safe, efficient, and value-added solutions to clients navigating the complexities of the global energy landscape.