Trio team up for North Sea heavy-oil studies

Xcite Energy Resources (XER) has entered a collaboration agreement in the UK northern North Sea with Statoil (U.K.) and Shell U.K.

Offshore staff

BANCHORY, UKXcite Energy Resources (XER) has entered a collaboration agreement in the UK northern North Sea with Statoil (U.K.) and Shell U.K.

This allows all the parties to share field-specific technical and operational information that could lead to synergies for development of theheavy-oil Bentley and Bressay fields.

A joint XER/Statoil/Shell team will analyze current available data and develop proposals for assessing use of common infrastructure, assets, and operational solutions for the two projects.

05/15/2014

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