Repsol News

 

Peterson Awarded Repsol Contract

Aug 06, 2019

Energy logistics company Peterson said it is growing its Caribbean presence after being awarded a major contract with Repsol Exploracion Guyana, S.A.Having been selected as the main logistics contractor for the Carapa 1 exploration and drilling project offshore Guyana…

Repsol Profit Beats Estimates

Jul 24, 2019

Spanish energy company Repsol trimmed its full-year earnings outlook on Wednesday as lower oil prices and refining margins weighed on profits, but a share buy-back and better than expected results bolstered its stock.Repsol proposed buying and cancelling 5% of its outstanding shares…

Repsol, LLOG to Partner on Deepwater US Gulf Developments

May 01, 2019

The U.S.-based exploration and production company LLOG Exploration Offshore and  Spanish oil company Repsol announced the signing of an Asset Exchange and Joint Participation Agreement in the deepwater Gulf of Mexico.The agreement provides for…

Repsol, Emerson Pact for Geoscience R&D

Mar 13, 2019

Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to reduce the time to prospect and produce first oil.Emerson, a global engineering and technology company,  will…

Repsol Net Profit Up 7.5%

Feb 28, 2019

Spanish oil and gas firm Repsol beat forecasts with a 7.5 percent increase in fourth-quarter adjusted net profit on Thursday, boosted by higher oil and gas prices and increased production, and said its strategic plan was on track.Repsol started new projects in Algeria…

Repsol Buys Stake in Norway’s Mikkel Field

Feb 05, 2019

Repsol has reached an agreement with Total to acquire its 7.65% stake in the producing Mikkel field, in the eastern part of the Norwegian Sea.The Mikkel field is a gas and condensate reservoir located 35 kilometers south of the Midgard deposit on Equinor’s Åsgard field in the Norwegian Sea…

Repsol files revised Yme field plan

Dec 20, 2017

A revised plan for development and operation (PDO) for the Yme field in the Norwegian North Sea has been submitted to Norway's Ministry of Petroleum and Energy by operator Repsol. Repsol says it's going to invest about US$960 million (NOK8 billion) in the Yme New Development project…

Repsol awards Yme FEED to Atkins

Dec 14, 2017

Spanish oil firm Repsol has awarded UK engineering firm Atkins a contract for structural front end engineering design (FEED) and detailed design services for work on the Yme field offshore Norway. Repsol Norge is moving forward with a new attempt to develop the Yme field…

Aker Solutions to modify module for Yme redevelopment

Dec 13, 2017

Maersk Drilling has picked Aker Solutions for modification work on a production module on the Maersk Inspirer jackup rig so that it can be used on Repsol's Yme field offshore Norway.  Repsol is looking to redevlop the field, after removing an existing platform facility…

Rockrose completes Idemitsu acquisition

Dec 08, 2017

UK independent RockRose Energy has completed its acquisition of Idemitsu Petroleum.  RockRose agreed to acquire Idemitsu Petroleum from Japan's Idemitsu Kosan in October. Idemitsu's UK assets comprise a substantial number of producing fields in the North Sea…

Archer wins Repsol Norge P&A

Sep 13, 2017

Repsol has awarded Archer Wireline and Archer Oiltools  a four-year frame agreement contracts for additional plugging and abandonment (P&A) services for Repsol Norge. Image from Archer.  The…

Repsol's Stordal comes up dry

May 12, 2017

Repsol Norge has come up dry at the Stordal wildcat in the Norwegian Sea, according to the Norwegian Petroleum Directorate (NPD). Map of Stordal in PL 705, from the NPD. Upon completing drilling operations at Stordal (well 6705/7-1)…

Safe Boreas gets further extension

Mar 28, 2017

Repsol Sinopec Resources UK has exercised a further four weeks of options for the Safe Boreas semisubmersible accommodation vessel, says Prosafe. The Safe Boreas will continue operations for Repsol Sinopec Resources UK at Montrose A in…

First oil from Flyndre

Mar 27, 2017

First production from Maersk Oil's Flyndre field, which straddles the UK and Norwegian North Sea boundaries, started yesterday (26 March). The field is a 25km single well subsea tieback to the Repsol Sinopec-operated Clyde platform, from which it is then exported via the Fulmar platform…

Repsol Sinopec inks Safe Boreas extension

Jan 30, 2017

Repsol Sinopec Resources UK exercised further options with Prosafe to extend the charter of the Safe Boreas semisubmersible accommodation unit by a total of 17 days. The firm operational period of the Safe Boreas at Montrose A in the…

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