Xcite selects cylindrical FSO for North Sea Bentley oil project

Xcite Energy Resources (XER) has a memorandum of understanding (MOU) with Teekay Shipping Norway for a floating storage and offloading (FSO) facility for the Bentley heavy oil field in the UK northern North Sea.

Apr 8th, 2014

Offshore staff

BANCHORY, UK – Xcite Energy Resources (XER) has a memorandum of understanding (MOU) with Teekay Shipping Norway for a floating storage and offloading (FSO) facility for the Bentley heavy oil field in the UK northern North Sea.

The FSO, based on Sevan Marine’s cylindrical floater technology, will be bridge linked to theBentley production platform.

XER and Teekay plan to collaborate throughout the project, from front-end engineering through fabrication, hook up, and into production operations and maintenance.

Sevan Marine ASA will act as sub-contractor to Teekay under the terms of the MOU.

04/08/2014

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