Italian energy giant Eni has made a new oil and gas discovery in an exploration well in Block 9 in the Sureste Basin, offshore Mexico.The discovery was made on the Yopaat-1 EXP exploration well, approximately 63 kilometers off the coast in the mid-deep water of the Cuenca Salina…
Spain's Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources said, the latest consolidation effort by companies that operate in the basin amid greater tax pressures.A…
The Norwegian Offshore Directorate (NOD) has granted Equinor a permit for exploration drilling in North Sea offshore Norway.The permit is for well 15/3-13 S and A, located in the Brokk prospect, at the water depths of 11’ meters.The prospect…
Norwegian oil and gas firm Equinor has received consent from the Norwegian Ocean Industry Authority (Havtil) for exploration drilling in North Sea offshore Norway.The consents awarded by the country’s offshore industry safety watchdog, formerly known as the Petroleum Safety Authority Norway…
Norwegian technology firm Vissim has been awarded a contract by Repsol Norge to implement an upgraded oil spill detection system at the operator’s Yme field on the Norwegian continental shelf (NCS).The new and upgraded radar-based oil spill…
The holiday season is here, and in the best traditions of Offshore Engineer, we bring you the top festive videos shared by offshore industry companies this year as well.With plenty of ‘short and sweet’ videos to choose from, this year’s round up starts with our top three favorites coming from Fugro…
Spanish multinational energy company Repsol has been fined in the U.K. after its platforms in the North Sea were found to be emitting greenhouse gases into the atmosphere without permission.The North Sea Transition Authority (NSTA) said the £160…
U.S.-based oil and gas firm Talos has entered into a 50/50 partnership with the Spanish oil company Repsol to conduct a seismic reprocessing project in the U.S. Gulf of Mexico.Talos said this week that the project would cover approximately 400…
Repsol Sinopec Resources UK Limited, an oil and gas exploration and production company operating in the North Sea, said this week that the company would be renamed Repsol Resources UK.'On 28th April 2023 it was announced that a settlement and…
Energy company Repsol's REP.MC adjusted net profit fell 27% year-on-year in the third quarter because of lower oil and gas prices, it said on Thursday, adding it would further diversify into renewables to offset fossil fuel volatility.The company reported an adjusted net profit of 1…
Oilfield services company Petrofac has won a three-year contract extension worth more than US$100 million, in support of Repsol Sinopec Resources UK’s North Sea operations.Under the contract, Petrofac will continue providing operations and maintenance services for Repsol Sinopec in the UK North Sea…
Norwegian oil and gas company Equinor has submitted declarations of commerciality and plans of development for two fields in the BM-C-33 concession in the Campos Basin, offshore BrazilEquinor is the operator of the BM-C-33 offshore concession with a 35% stake…
Australian oil and gas firm Woodside said Wednesday its Shenzi North project has started production in the deepwater US Gulf ofMexico.Shenzi North is a two-well subsea tieback that takes advantage of the existing Shenzi infrastructure to increase the production capacity of the asset…
Energy companies Chevron and Repsol decided to quit offshore oil and gas exploration areas in Mexico, the regulator for the sector said on Thursday, joining more than a dozen other companies after disappointing results.Both had won the blocks in the Gulf of Mexico in a tender process…
Repsol Sinopec Resources UK has awarded a $165 million decommissioning contract to Archer to execute the plug and abandonment (P&A) of 30 wells in the Fulmar Field and two wells in the Halley Field in the UK North Sea.The contract is a fully integrated P&A project…