Search results for: Bentley development

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  • 24 August 2015
    Exploration & Production, Project & Tenders

    Xcite Energy Ltd, the operator of an oilfield dubbed one of the largest undeveloped resources in the UK North Sea, the Bentley field, is looking to benefit from the lack of work in shipyards, while also trying to secure funding for the development. The company which operates the Bentley heavy oil field with a 100% […]

  • 16 June 2014
    Business & Finance

    Xcite Energy has announced the successful placing of US$140 million through the placing of senior secured bonds (the “Bonds”) issued by its 100% UK subsidiary Xcite Energy Resources Limited ( “XER”) and a private placement of shares in the Company (the “Shares”) to new investors. The net proceeds from the bond issue (the “Bond Issue”) […]

  • 4 July 2014
    Business & Finance

    Xcite Energy has entered into a Memorandum of Understanding with Aibel AS, which sets out the principles for executing the Engineering, Procurement and Construction of the Ove Arup & Partners (“Arup”) designed self-installing ACE platform selected for the Bentley field in the UK North Sea. Aibel will work with AMEC, the international engineering and project […]

  • 17 November 2014
    Business & Finance, Exploration & Production, Project & Tenders

    Xcite Energy has entered into a Memorandum of Understanding (“MOU”) with China Oilfield Services Limited (“COSL”), which sets out the principles for the provision of a new-build Keppel FELS N Class Plus, harsh environment jack-up drilling rig, together with equipment and personnel for the Bentley field, in the North Sea, offshore UK. Final specifications of […]

  • 14 March 2013

    Shares of Xcite Energy Ltd today jumped 3.00% on speculation that Norway’s oil giant Statoil is thinking of launching a 2 GBP per share takeover offer, Daily Mail has reported. According to Daily Mail, Statoil is interested in the company’s Bentley field. The company did not immediately reply to an e-mail seeking comment, sent by […]

  • 20 October 2014
    Business & Finance, Project & Tenders

    Xcite Energy has entered into a Memorandum of Understanding with Baker Hughes Limited, which sets out the principles for the provision of oil field services for the Bentley field, in the UK North Sea. The services are likely to include the supply of drilling and completion services, well engineering, electronic submersible pumps and reservoir engineering. […]

  • 3 February 2012
    Business & Finance

    Xcite Energy, has negotiated an amendment to its rig contract with British American Offshore Limited, a subsidiary of Rowan Companies Inc. The amendment provides additional flexibility around timing of the provision of a heavy duty, harsh environment jack up drilling unit, which will better suit the revised work programme as anticipated for Phase 1B of […]

  • 7 November 2018
    Equipment

    Trelleborg Sealing Solutions has supported LB Bentley, specialists in creating small bore subsea valves, in the development of its Medium Duty Rotary Gate Valve. The new gate valve incorporates a custom seal that demonstrates stem sealing technology that reduces the “risk of contamination and failure”. As subsea oil and gas exploration becomes increasingly challenging, LB […]

  • 23 July 2012
    Business & Finance, Project & Tenders

    Leading international oilfield services company Expro has been awarded a contract to provide equipment and services in support of Xcite Energy’s 90 day extended well test in the Bentley Field. Located in Block 9/3b. 160km’s east of the Shetlands, the Bentley Field is said to contain 116 million barrels of proven and probable reserves. Expro […]

  • 23 July 2012
    Business & Finance, Operations & Maintenance

    Leading international oilfield services company Expro has been awarded a contract to provide equipment and services in support of Xcite Energy’s 90 day extended well test in the Bentley Field. Located in Block 9/3b. 160km’s east of the Shetlands, the Bentley Field is said to contain 116 million barrels of proven and probable reserves. Expro […]

  • 24 May 2016

    Xcite Energy, a UK-based oil and gas company, is in talks with creditors to try and renegotiate the terms of its $139.05 million bond ahead of debt maturity on June 30, 2016. The company says its current and forecast cash position is insufficient to repay the bond capital in full by the June 30 deadline, […]

  • 24 June 2014
    Business & Finance, Equipment

    Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, announced the availability of its MOSES software for hydrostatic and hydrodynamic analysis of offshore platforms and vessels under the Bentley SELECT licensing program. MOSES is the global leader in the analysis and simulation of complex offshore structure transport and installation […]

  • 16 November 2011
    Business & Finance

    Xcite Energy yesterday provided a corporate update and its results for the three months ended 30 September 2011. Xcite has seen continued progress in its technical and operational plans for the First Phase Development (“FPD”) of the Bentley field. The Rowan Norway jack-up rig has arrived in Dundee and is currently undergoing final equipment testing, […]

  • 8 November 2011
    Business & Finance

    Be Inspired: Thought Leadership in Infrastructure – Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced the acquisition of FormSys, based in Perth, Australia. This software development company has a proven, twenty-year track record in 3D design, analysis, and construction software for structural engineering, offshore engineering, and […]

  • 8 November 2011
    Business & Finance, Equipment

    Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, announced the acquisition of FormSys, based in Perth, Australia. This software development company has a proven, twenty-year track record in 3D design, analysis, and construction software for structural engineering, offshore engineering, and naval architecture. The acquisition will expand Bentley’s SACS […]

  • 8 November 2011
    Business & Finance

    Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, announced the acquisition of FormSys, based in Perth, Australia. This software development company has a proven, twenty-year track record in 3D design, analysis, and construction software for structural engineering, offshore engineering, and naval architecture. The acquisition will expand Bentley’s SACS […]

  • 7 October 2013
    Business & Finance

    Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced that it has acquired the MOSES software business from Ultramarine, Inc. Used around the world, MOSES is the premier analysis and simulation software for complex projects involving the transportation and installation of offshore structures, including the launch of […]

  • 7 April 2014
    Business & Finance

    Xcite Energy has entered into a Memorandum of Understanding with Teekay Shipping Norway AS, which sets out the principles of co-operation for the supply of a bridge linked Sevan floating storage and offloading facility for the life of the Bentley field. XER and Teekay intend to work together on an exclusive basis during the project, […]

  • 9 April 2014

    Xcite Energy has entered into a Memorandum of Understanding with AMEC Group Limited and Ove Arup & Partners Limited (“Arup”), which sets out the principles of co-operation for the design and development of Arup’s self-installing, steel ACE platform for the Bentley field in the North Sea.   Xcite Energy, AMEC and Arup intend to work […]

  • 4 July 2012
    Business & Finance

    Valve engineering specialist Severn Glocon Group announced that it has acquired LB Bentley Ltd for an undisclosed sum as it seeks to diversify its offering and make inroads to the subsea market. LB Bentley designs and manufactures small bore subsea valves for the global oil and gas industry, as well as high-pressure filters and desiccant […]

  • 31 July 2013
    Business & Finance

    Control valve engineering specialist Severn Glocon Group has strengthened its presence in the subsea oil and gas market with the acquisition of High Pressure High Temperature (HPHT) downhole tools company Calidus Engineering. Now renamed Severn Subsea Technologies Ltd, the company will provide research, development and test facilities to enhance Severn Glocon’s subsea valves capability. A […]

  • 4 October 2013
    Equipment

    Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced that it has acquired the MOSES software business from Ultramarine, Inc. Used around the world, MOSES is the premier analysis and simulation software for complex projects involving the transportation and installation of offshore structures, including the launch of […]