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HomeMaritime NewsRegionsEuropeTeekay in MoU with North Sea operator Xcite Energy

Teekay in MoU with North Sea operator Xcite Energy

Teekay in MoU with North Sea operator Xcite Energy
Xcite Energy has signed a Memorandum of Understanding (MoU) with Teekay Shipping Norway, for the supply of a Floating Storage and Offloading (FSO) facility, through subsidiary Xcite Energy Resources (XER).

The FSO is cylindrically-shaped in order to provide the same facing against ice in all directions. The unit will be stationed in the UK’s CNS Bentley oil field, located 160km east of Shetland, which is owned by Xcite Energy, and linked via bridge to the oil field’s fixed platform. The FSO will then be maintained for the life of the field.

As part of the agreement, Sevan Marine will be operating as a sub-contractor to Teekay. 

TAGS: Ship Operations Offshore
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