The first lifting of oil from Repsol's Yme field in the North Sea, offshore Norway, was completed Wednesday, OKEA, a partner in the project, said.'A total volume of 100,000 barrels was lifted, of which OKEA will be allocated 15,000 barrels. Further commissioning of process systems and start-up of additional wells will continue over the next weeks which will enable ramp-up of production over the coming months as the process plant is tuned and optimized…
After years of delays, the Yme field in the North Sea offshore Norway, now operated by the Spanish oil firm Repsol, has started producing oil, again.The Yme is a field in the southeastern part of the Norwegian sector of the North Sea, 130 kilometers northeast of the Ula field…
Danish offshore vessel owner Esvagt said Monday that the Spanish oil firm Repsol had extended the contract for the Esvagt Corona standby/rescue vessel for an additional 18 months.The contract for standby services at Repsol's Yme field in the Norwegian North Sea now runs until the spring of 2023…
Spanish oil firm Repsol has secured regulatory consent to start production from the Yme field in the North Sea, off Norway.'Yme will once again be producing oil, 20 years after the last time the field was on stream. [The] planned start-up will be in the second half of 2021…
Australian oil and gas company Kato Energy has filed an offshore project proposal for the development of the Amulet field - and possibly the Talisman field - on the North West Shelf, offshore of mainland Western Australia (WA).The field, located 132 km north of Dampier…
The article originally titled 'Yme Start-up Date Uncertain as COVID-19 Delays Maersk Inspirer Works' has been updated to include a statement by the Repsol spokesperson who has confirmed the start-up is now expected in 2021.Spanish oil firm Repsol…
Spanish oil company Repsol has been given a green light to use the Maersk Inspirer jack-up rig at the Yme field, in the North Sea, offshore Norway.The consent, granted by the Petroleum Safety Authority Norway, to connection, completion, and…
Malaysia's state-owned oil and gas company Petronas has acquired 49% of Repsol SA's participating interest in Andaman III oil and gas block off the coast of Aceh, Indonesia, according to a Petronas statement released on Monday.Repsol will still hold a 51% stake in the block after the deal…
The withdrawal from Norway’s offshore sector of ExxonMobil appears to be underway, and the development to some looks like the start of a pullout of “international oil majors” from a sector dominated by stately player, Equinor.True, ExxonMobil’s departure is symbolic…
Madrid-based integrated offshore operator Repsol is leading a pack of foreign oil companies in Norway that are extracting largely tail-end production in exchange for paying a decommissioning tab or getting a second shot at an older oilfield…
Paul Smith has been appointed as future chief financial officer (CFO) and member of the management board of European exploration and production company Wintershall DEA, BASF and LetterOne announced on Tuesday.The appointment will take effect on closing of the merger of Wintershall and DEA…
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…
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…
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…
Premier Oil has revealed that Roy Franklin will join the company's board as non-executive chairman, taking over from Mike Welton, on 1 September. Welton has served as chairman for eight years and announced in March that he would step down from the board on appointment of a successor…
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