454 results found for 'bentley'

454 results found for 'bentley'
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  • 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 […]

  • 4 October 2019
    Project & Tenders

    UK-based Whalsay Energy is seeking operating partners to help it develop the Bentley offshore oil field, one of the largest undeveloped fields in the North Sea.

  • 29 May 2012

    Xcite Energy has announced that the 9/3b-7 well at its Bentley field, offshore UK, has reached target depth of 9,377 feet (measured depth). A reservoir section in excess of 2,200 feet has been penetrated, with 100% net pay, and sand screens have been run successfully. The remainder of the planned operations, including drilling of the […]

  • 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”) […]

  • 8 June 2017

    Xcite Energy’s Bentley field in the UK North Sea could have a new owner by the end of June. This is according to FTI Consulting which has been appointed liquidator of the company after Xcite failed to raise funds for debt payment. The company, the operator of the undeveloped Bentley field in the UK North Sea, […]

  • 24 September 2014
    Business & Finance, Equipment

    The Bentley Oil Field project enters the next stage of engineering

  • 9 July 2012
    Business & Finance

    The Company announces that it has now successfully completed the final part of the 9/03b-7 & 7z well lateral well construction work programme at its Bentley Field, including installation of the smart completions equipment (enabling individual laterals to be flowed, co-mingled or shut-in), the installation of twin electrical submersible pumps (giving full redundancy) and a […]

  • 8 August 2012
    Business & Finance

    Xcite Energy yesterday closed on the issue of US$10 million of unsecured Loan Notes to a fund managed by West Face Capital Inc. The funds will be used to provide contingency funding during the important Phase 1A work programme on the Bentley field. The Loan Notes have an initial term of 236 days and, subject […]

  • 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 […]

  • 13 March 2012
    Business & Finance

    Ocean Installer, a subsea construction company based in Stavanger, Norway has received a Letter of Intent (LOI) from Xcite Energy Resources Ltd  for the installation of  pipelines from a jack-up rig to a dynamically positioned shuttle tanker at the Bentley field. The potential contract is for the installation of two oil export pipelines of 2.1 […]

  • 12 June 2013

    Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into a Memorandum of Understanding (“MOU”) with AMEC Group Limited (“AMEC”) setting out commercial principles for future cooperation to support the development of the Bentley Field.   XER and AMEC will shortly commence a front-end engineering and design (FEED) programme, during which the terms for […]

  • 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, […]

  • 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 […]

  • 26 April 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    UK oil and gas company EnQuest has signed a share purchase agreement with Whalsay Energy to purchase their 100 per cent equity interest in the P.1078 licence containing the proven Bentley heavy-oil discovery.

  • 2 March 2012

    Xcite Energy (XER) has announced that the Rowan Norway jack-up drilling rig has left Dundee harbour and is being towed to location to commence Phase 1A of the First Phase Development of the Bentley field. XER are 100% owner and operator of Block 9/3b, licence P.1078, containing the Bentley Field in its entirety. The block, […]

  • 9 May 2012
    Business & Finance

      Xcite Energy announces that drilling of the 9/3b-7 well on the Bentley field is progressing satisfactorily, having reached a total depth of 6684ft.  The 17½” section has been drilled, 13⅜”casing set, cemented and pressure tested. The 12¼” hole has been drilled. After the 10¾” x 9⅝” liner has been set, cemented and pressure tested, […]

  • 8 May 2012
    Business & Finance

    Xcite Energy announces that drilling of the 9/3b-7 well on the Bentley field is progressing satisfactorily, having reached a total depth of 6684ft.  The 17½” section has been drilled, 13⅜”casing set, cemented and pressure tested. The 12¼” hole has been drilled. After the 10¾” x 9⅝” liner has been set, cemented and pressure tested, drilling […]

  • 6 December 2011
    Business & Finance

    Xcite Energy announces that, as expected, the Rowan Norway jack-up rig has been made available to Xcite Energy Resources Limited (“XER”) and is now on hire, subject to a satisfactory audit and inspection prior to acceptance. Following acceptance and in accordance with the originally scheduled work programme in Dundee, the rig will be modified to […]

  • 22 December 2010
    Business & Finance

    Xcite Energy Limited announces that the flow test of the 9/3b-6z horizontal well on the Bentley field has been successfully completed. The flow rates achieved demonstrate both the commerciality of the Bentley field and the reservoir properties to be above the upper end of modelled expectations. Key flow test results were: Total flow test of […]

  • 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, […]

  • 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, […]

  • 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. […]

  • 8 April 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Following the successful completion of the pre-production well test in September 2012 and a new 3D seismic survey, Xcite Energy announces the results from its updated reserves assessment report as prepared by TRACS. Highlights · Mean PIIP for the Bentley field of 909 MMstb, increased from 550 MMstb as previously reported in February 2012. · […]

  • 2 April 2012
    Business & Finance

    Xcite Energy announces that, following the spudding of the Bentley 9/3b-7 well on 18 March 2012 with the Rowan Norway jack-up drilling rig, good progress has been made in drilling the 36″ hole and setting the 30″ conductor pipe. The 26″ hole has been directionally drilled and the 20″ surface casing has been set and […]

  • 3 August 2012
    Business & Finance

    Following planned equipment maintenance, offtake procedure testing and further optimisation of process equipment, the 9/03b-7 well at Xcite Energy’s Bentely field, has been producing at a stabilised rate of approximately 3,200 barrels per day with no associated basic sediments or water. This is viewed as being well within the operational performance of the reservoir. Bentley […]