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Xcite Energy Share Chat (XEL)



Share Price: 64.00Bid: 63.00Ask: 64.00Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 1.00Spread as %: 1.59%Open: 61.75High: 64.00Low: 60.50Yesterday’s Close: 64.00


Share Discussion for Xcite Energy (XEL)


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highlandsbull
Posts: 1,103
Off Topic
Opinion:No Opinion
Price:71.00
View Thread (3)
RE: step by step...
30 Jul '14
Nobody's said as yet who is going to fund this, All very well to have contractors lining up saying they are doing this and that, if this unit is coming out of XEL, or the RBL Banks money, someone's going to require that it be tendered and a competitive cost thereafter put against it's supply. XEL at the end of the day will be paying for this, it can't be on the basis of a blank cheque the company's giving out, no matter how keen they may be to move this along.
 
ceilingcat
Posts: 6
Answer
Opinion:No Opinion
Price:70.25
View Thread (3)
RE: L2
30 Jul '14
SCAP is buying at 66 and selling at 72.

http://goo.gl/yuDM6U
Whosthat
Posts: 735
Off Topic
Opinion:No Opinion
Price:68.00
View Thread (3)
L2
30 Jul '14
Anyone know whats going on L2 or where SCAP are ...?

Thanks

Whosthat
ugiebear
Posts: 1,333
Observation
Opinion:No Opinion
Price:69.50
View Thread (3)
step by step...
30 Jul '14
the 'Bentley Development Group' is being assembled.

Who's next to be announced I wonder...?

June 2012
Aibel has signed a collaboration agreement with AMEC. The agreement will extend Aibel’s capacity for executing projects, and together with Aibel’s recruitment strategy this forms the basis for the company’s growth strategy.

"Through the collaboration agreement, Aibel will gain access to AMEC's engineering, procurement, project delivery and management expertise. This agreement makes it possible for us to a larger extent participate in the growing market, says President and CEO Jan Skogseth.

http://aibel.com/en/news-and-media/press-releases/aibel-signs-collaboration-agreement-with-amec

July 2014
Aibel will work with AMEC, the international engineering and project management company, acting as XER’s Project Management Contractor, to deliver the ACE platform.

Xcite Energy said it believed that the combination of the AMEC, Arup and Aibel project management, engineering, and construction experience will deliver a quality and cost effective asset.

Rupert Cole, CEO of Xcite Energy, commented: “We are very pleased to have Aibel, with its experience and expertise in offshore projects, join the Bentley development group for the construction of the ACE platform, which has significant economic benefits over the life of the field, including rapid deployment and ease of decommissioning.

This further validates our strategy and development plan as we continue to refine the project costs and reduce future schedule risk through the early involvement of our development partners, prior to submission of a field development plan.”

http://www.heavyliftnews.com/news/xcite--aibel-enter-mou-for-bentley-platform
highlandsbull
Posts: 1,103
Observation
Opinion:No Opinion
Price:69.50
View Thread (3)
RE: Bentley field in the UK sector
30 Jul '14
When one adds in the nominally oversize, special FSU being looked into by the Teekay MOU, contractor to Statoil. BP, and even XEL, one also begins to get the distinct impression the jv situation is heading in one direction. Surely XEL alone, as a minnow re cost and time, would want to go the Premier route as per Solan, economize, and with what can be brought in relatively quickly to get production going.
highlandsbull
Posts: 1,103
Observation
Opinion:No Opinion
Price:69.50
View Thread (3)
RE: Bentley field in the UK sector
30 Jul '14
Yep, what's intriguing about these Aibel seeming MOU XEL claims, even re construction of this unit to be in Thailand, is that nobody's owned up as yet as to who the owner is going to be. It will be a huge, expensive project, and one would normally think any prospective owner, even if were to be XEL, would therefore when the design is finalized, want to go out to tender to several yards around the world that could fabricate this thing, and deliver on time.

Aibel have a 40% stake in a Thai steel fabricator, Deeline, in addition to their own platform yard in Thailand, with an option to expand that stake from current 40% up. There are foreign company restrictions however as to just how much they can hold. Deeline will be, as of 8/2014 not accepting more local sub contract work. Maybe they think they are going to be too busy..

Apart from other ongoing contracts, Aibel's connection to Statoil, and Thailand, is illustrated in the third link below.

http://www.dee-line.com

http://aibel.com/en/news-and-media/news/aibel-becomes-shareholder-in-deeline

http://aibel.com/en/news-and-media/news/suriya-and-troll
ceilingcat
Posts: 6
Observation
Opinion:No Opinion
Price:69.50
View Thread (3)
RE: Bentley field in the UK sector
29 Jul '14
Yanchep
Posts: 714
Off Topic
Opinion:No Opinion
Price:69.75
View Thread (2)
RE: Fools
29 Jul '14
when i saw where it can from i didnt even bother reading it.

we need some real news which will come soon enough.

O/T AEY had some good news today 100% plus up and more to come -IMO
peevie
Posts: 488
Observation
Opinion:No Opinion
Price:69.50
View Thread (2)
Fools
29 Jul '14
Having just read this article I'm amazed people give any credence to such badly written nonsense!
Ducksoup
Posts: 11,226
Off Topic
Opinion:No Opinion
Price:69.75
7daytrader
29 Jul '14
We have just covered that damn article



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