Repsol News

 

BP Starts Up Cypre Gas Project Off Trinidad and Tobago

Apr 03, 2025

BP Trinidad and Tobago has started production from its Cypre gas project, off the southeast coast of Trinidad within the East Mayaro Block.Cypre is one of BP’s 10 major projects expected to start up worldwide between 2025 and 2027, announced as part of its reset strategy to grow the upstream. Production from Cypre will make a significant contribution towards the 250,000 barrels of oil equivalent per day (boed) combined peak net production expected from these 10 projects…

Repsol Hires Halliburton for Well Lifecycle Optimization of North Sea Assets

Jun 10, 2025

Repsol Resources UK has hired Halliburton under a five-year contract to support the full well lifecycle on its oil and gas assets in the U.K. North Sea.Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments…

TotalEnergies and Shell Exchange Lipa and Gato do Mato Stakes

Jun 04, 2025

TotalEnergies has signed an agreement with Shell Brasil Petróleo to exchange its 20% non-operated interest in the Gato do Mato project for an additional 3% interest in Lapa, a producing offshore oil field.Through the agreement TotalEnergies…

Archer Inks Five-Year Deal with Repsol for Drilling Services

May 02, 2025

Oilfield services firm Archer has signed a five-year contract with Repsol Resources UK for platform drilling services, facilities engineering, coil tubing, wireline services, and downhole well service technologies.The agreement also includes a two-year optional extension…

ASCO Gets Repsol’s Base and Logistics Services Contract in Norway

Apr 03, 2025

Global integrated logistics and materials management specialist ASCO has been awarded a three-year contract, with options, to provide base and logistics services for Repsol Norge in Tananger and Farsund in Norway.The agreement covers a comprehensive range of services…

US Revokes Licenses to Repsol, Eni, Maurel et Prom for Venezuelan Oil

Mar 31, 2025

U.S. authorities have notified Spanish oil company Repsol that its license to export oil from Venezuela is to be revoked, a company spokesperson said on Monday, while Spain's foreign minister promised to defend Repsol's interests.President Donald…

NEO Energy and Repsol to Merge UK Oil and Gas Assets

Mar 27, 2025

NEO Energy and Repsol Resources UK have entered into strategic merger, creating one of the largest U.K. North Sea independent oil and gas companies under the name of NEO NEXT.Under the terms of the transaction, the combined business will be…

New Oil Export Pact for Venezuela Could be in the Works - sources

Feb 27, 2025

The cancellation of a license for Chevron to operate in Venezuela could lead to the negotiation of a fresh agreement between the U.S. producer and state company PDVSA to export crude to destinations other than the United States, sources close to the talks said…

McDermott Secures FEED Contract for Repsol’s Deepwater Fields Off Mexico

Dec 03, 2024

McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México for the Polok and Chinwol field development project in the Gulf of Mexico.Under the contract scope, McDermott will provide comprehensive FEED services for the project's engineering…

Repsol Gets $440K Fine for Halting NEO’s Production at Flyndre Field

Nov 26, 2024

The North Sea Transition Authority (NSTA) has issued its highest-ever fine of $440,000 (£350,000) on Repsol North Sea (RNS) for behavior that led to a shut-in at the Flyndre field and hampered economic recovery of petroleum.The Fulmar facility in the Central North Sea…

Baker Hughes and Repsol to Optimize Oil and Gas Production using AI

Oct 14, 2024

Energy technology company Baker Hughes and oil and gas major Repsol have signed an agreement to collaboratively develop and deploy next-generation artificial intelligence (AI) tool to optimize processes and workflows for oil and gas production…

OKEA Sells Stake in Producing Field Off Norway to Lime Petroleum

Sep 24, 2024

Norwegian oil and gas company OKEA has entered into agreement with Lime Petroleum, a subsidiary of Rex International, to sell its stake in the Yme field for $15.6 million, exiting the producing field in the south-eastern part of Norwegian North Sea…

PTTEP Sells Its Entire Stake in Deepwater Block Offshore Mexico to Repsol

Sep 20, 2024

Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has divested its entire interest in Mexico Block 29, located in deep waters of the Salina Basin offshore Mexico, to the operator Repsol, which has increased its working interest in the block to 46…

Equinor Makes Oil and Gas Discovery in North Sea

Sep 17, 2024

Equinor and its partners have made an oil and gas discovery on the Gudrun field in the North Sea, offshore Norway, using Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The discovery was made in wildcat wells 15/3-13 S and 15/3-13 A…

Repsol Hires IKM Operations for Inspection Work at Three Fields Off Norway

Sep 09, 2024

Repsol Norge has selected IKM Operations as the provider of integrity management services at three oil and gas fields offshore Norway.The scope of work includes engineering tasks and inspections at Repsol Norge topside facilities and subsea installations and pipelines at the Yme…

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