Xcite Energy’s fully owned subsidiary, Xcite Energy Resources Limited (XER), has entered into a Memorandum of Understanding (MOU) with Aibel AS (Aibel), 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.

Aibel will work with AMEC, acting as XER's Project Management Contractor, to deliver the ACE platform. XER believes that the combination of the AMEC, Arup and Aibel project management, engineering, and construction experience will deliver a quality and cost effective asset.

Tags: Xcite Energy