Another company, Norway’s Ocean Yield, is also understood to have bid a planned E-Class design unit.
An Xcite spokesman declined to comment on the details of the tender, but said: “We have a tender process for the provision of a drilling rig. We have previously said that is the next role in the development group to fulfill, and we are evaluating a number of options.”
One thing about XEL, they have the knack of choosing companies who can deliver a successful project.
Whoever is selected will be aware they are showcasing their engineering and technical expertise to the rest of the industry. There will be a tremendous amount of kudos being part of the team that develops Bentley, which contains some of the heaviest crude ever successfully recovered and sold.
These companies will also be very aware this would position them as the preferred partners of choice, in any future heavy oil developments.
Of which there are around 8 billion barrels (or thereabouts), in UK waters alone.
In light of this, I can see why there could be fierce competition to join the Bentley Development Group.
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