Repsol Company News

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Official Sees Rigs Mobilizing Offshore Colombia in 2022
Offshore exploration offers hope to a country struggling to reverse declines in reserves and output of its biggest export.
8:00 PM EST | June 30, 2021
Offshore UK Operator Extends FPSO Contract
Bluewater has won a bareboat charter contract extension for the Bleo Holm FPSO. PHOTO SOURCE: Bluewater.
8:00 PM EST | June 29, 2021
Shell Court Decision Emboldens Climate Lawyers
Analyst says the case probably will not affect USA courts, though.
8:00 PM EST | May 26, 2021
Equinor and Partners Choose Concept for Offshore Brazil Field
Equinor, Repsol Sinopec Brasil, and Petrobras have approved a development concept for the BM-C-33 gas/condensate field.
8:00 PM EST | March 21, 2021
Libya Gets Back on the Oil Map
On Monday, Libya's first unified government in seven years was sworn in.
8:00 PM EST | March 14, 2021
Well Plugging Starts in Pioneering North Sea Field
Plugging operations began last month in conjunction with the planned shutdown of the Veslefrikk field. PHOTO SOURCE: Øyvind Hagen/Equinor
7:00 PM EST | February 22, 2021
Libya Wants Foreign Oil Firms to Fund Infrastructure Repairs
Libya is seeking funding from foreign oil companies to fix its ailing infrastructure after years of war and neglect.
7:00 PM EST | January 20, 2021
Vietnam Gas Supply Crunch Hinges on Geopolitical Interference
The development of an LNG-to-power plant near Ho Chi Minh City, above, follows in the footsteps of others investing in the sector in Vietnam.
7:00 PM EST | December 13, 2020
Venezuela Oil Exports to China Surge
Venezuela almost tripled its crude oil exports even as the US continues to tighten sanctions against companies seeking to do business with its ruling regime.
7:00 PM EST | November 30, 2020
Hess Divests Stake in Deepwater Field
Hess Corp. has completed the sale of its 28-percent working interest in the Shenzi Field in the deepwater Gulf of Mexico.
7:00 PM EST | November 08, 2020
Repsol Seeks Contract for Canadian Crude
The Spanish company has typically sourced heavy crude supplies from Latin America and has been the biggest buyer of Mexican crude in 2020.
8:00 PM EST | October 28, 2020
Libya May Double Oil Output Next Week
Libya took a major step toward reviving its battered oil industry by reopening its biggest field.
8:00 PM EST | October 11, 2020
Repsol Selects Drilling Contractor for Mexico Campaign
Stena Drilling has signed a new contract with Repsol and others to provide a drillship for a 2021 offshore Mexico drilling campaign.
8:00 PM EST | September 21, 2020
Repsol Awards Five-year Malaysia Subsea Contract
Repsol Oil and Gas has awarded Cortez Subsea a five-year contract to provide a subsea inspection management system offshore Malaysia.
8:00 PM EST | June 24, 2020
Oil and Gas Blockchain Group Claims Milestone
The Offshore Operators Committee Oil and Gas Blockchain Consortium reportedly has achieved an industrywide first.
8:00 PM EST | June 07, 2020
Archer Inks Decomm Contract With Repsol
Archer is the sole provider of all downhole services on the Gyda Plug and Abandonment Campaign.
8:00 PM EST | June 04, 2020
Petrofac Gains 200 North Sea Workers With Repsol Contract
Petrofac will provide operations and maintenance support across six additional Repsol Sinopec assets.
8:00 PM EST | April 26, 2020
Oil Rout Puts the Brakes on Energy IPO Pipeline
Crashing oil prices and volatile stock markets are squelching hopes for several high-profile IPOs by European energy companies.
8:00 PM EST | March 08, 2020
Venezuela Mulls Privatizing Oil Amid Economic Freefall
It would be a move that forsakes decades of state monopoly.
7:00 PM EST | January 26, 2020
Is Chevron's $11B Write-Down an Oilpatch Warning?
Current market conditions are resulting in many US fracking projects failing to break even.
7:00 PM EST | January 13, 2020
Repsol Weighs Potential Sale of Malaysian Assets
Repsol SA is exploring options for its Malaysian upstream operations including a potential sale as the Spanish oil company reviews its global portfolio.
7:00 PM EST | January 09, 2020
Repsol to Abandon Offshore Guyana Well
Tullow exec says oil discovery has positive implications for Kanuku and Orinduik blocks, though.
7:00 PM EST | January 01, 2020
Top Upstream Companies in Predictive Maintenance
GlobalData has identified the 'leading' upstream companies that are adopting predictive maintenance technologies in the oil and gas industry.
7:00 PM EST | November 25, 2019
Repsol Turns to Alberta for Mexican, Venezuelan Oil Replacement
Repsol is looking as far away as Western Canada for oil for its European refineries amid dwindling supplies from Mexico and Venezuela.
7:00 PM EST | November 11, 2019
Equinor Inks $325MM Deal to Sell Eagle Ford Assets to Repsol
Equinor has signed an agreement to divest its position in the Eagle Ford to Repsol for $325 million.
7:00 PM EST | November 07, 2019
Halliburton, Repsol in Cloud Tech Agreement for E&P
Halliburton has entered into a multi-year agreement with Repsol to make management of exploration and production data more efficient.
8:00 PM EST | October 27, 2019
Argentina Primed for Great Natural Gas Rise
There are interesting opportunities for shale development in Argentina, and they're pretty promising for natural gas.
8:00 PM EST | October 15, 2019
Oil Explorers Forge Ahead in Mexico
Under government pressure that they're moving too slow, international oil companies are pushing ahead with deepwater development plans in Mexico.
8:00 PM EST | March 28, 2019
Equinor May be Mulling Eagle Ford Sale
Norway's biggest oil company has held talks with potential suitors for its stake in the Eagle Ford business.
8:00 PM EST | March 17, 2019
Rowan Jack-up Heading to Guyana
Repsol plans to spud its first exploration well in the offshore Kanuku block this year.
8:00 PM EST | March 13, 2019
Repsol Makes Gas Discovery in Indonesia
Repsol S.A. has unlocked the largest gas discovery in Indonesia in 18 years.
7:00 PM EST | February 19, 2019
Big Oil Reuses Platforms in Latest Cost-Cutting Trick
Oil companies have pushed through draconian cost cuts during the recent industry slump, but they're not quite done yet.
7:00 PM EST | November 14, 2018
Sources: Spain's Repsol Hires Tanker For Iran's Pars Oil As Sanctions Loom
Repsol has hired Malta-flagged suezmax Mabrouk to ship the first export parcel of Pars oil.
8:00 PM EST | June 18, 2018
Total Signs Deal to Extend TFT Gas Field License in Algeria
French oil and gas major Total said that it had signed a new concession agreement with Algeria's Sonatrach, Repsol and Alnaft for a 25-year extension of their Tin Fouyé Tabankort (TFT) gas and condensate field license.
8:00 PM EST | June 10, 2018
Repsol Asks Vietnam For Compensation After Drilling Project Halted
Repsol is in talks with Vietnam's state oil company and national authorities over compensation for the suspension of an oil drilling project in the South China Sea.
8:00 PM EST | May 03, 2018
Exxon, Total, Repsol Among Bidders For Oil Exploration Off Greece
ExxonMobil, Total and Repsol are among members of two consortia that have submitted bids to explore for oil and gas off Greece.
7:00 PM EST | March 04, 2018
Oil's Heavy Hitters Line Up to Dive Into Mexico's Deep Waters
The sale will be Mexico's biggest, in terms of fields and expected investment, since Pemex's monopoly ended in 2013.
7:00 PM EST | January 25, 2018
Exxon Mobil Bets on Brazil, Buys 10 Oil Blocks in Auction
Exxon Mobil Corp vastly expanded its presence in Brazil on Wednesday.
8:00 PM EST | September 27, 2017
Repsol Says Drilling Suspended On Vietnam Oil Block Disputed By China
Repsol says it had suspended oil drilling in a block off Vietnam, where the prospecting in South China Sea waters claimed by China had infuriated Beijing and brought Chinese pressure on Vietnam to stop.
8:00 PM EST | August 01, 2017
China Urges Halt To Oil Drilling In Disputed South China Sea
China's Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea.
8:00 PM EST | July 24, 2017
SBM Offshore, Repsol to Get $247 Million in Yme Insurance Settlement
SBM Offshore and Repsol will share an insurance payment of $247 million, less legal costs, related to a troubled Norwegian offshore project.
8:00 PM EST | July 16, 2017
Repsol Sinopec Flows First Oil from North Sea Shaw Field
Repsol Sinopec Resources UK announces that first oil has begun to flow from the Shaw field, which is part of a major redevelopment of the Montrose Area in the Central North Sea.
8:00 PM EST | May 08, 2017
Spain's Repsol Aims To Cut Debt By A Further 16% In 2017
Repsol says it would keep its dividend and investment spending stable in 2017 and pursue cost cuts to reduce debt by a further 16% this year.
7:00 PM EST | February 22, 2017
Poll: US, Foreign Oil Companies to Prosper in Trump's USA
Both US and foreign oil companies will thrive in Trump's USA, according to a Rigzone poll on social media platform Twitter.
7:00 PM EST | November 09, 2016
European Industry Says Trump Must Define Energy Policy
Europe's oil and gas industry is likely to benefit from Trump in the White House, but calls for a clear energy policy framework from the President Elect.
7:00 PM EST | November 08, 2016
Repsol Raises Cost-Savings Target, Cuts Investments
Repsol reports a higher-than-expected 3Q profit and raises its 2016 cost-savings target by 300 million euros to 1.4 billion euros ($1.56 billion).
8:00 PM EST | November 02, 2016
Bolivia, Repsol to Sign Deal to Develop Two Natural Gas Fields
The Bolivian government and a consortium led by Spain's Repsol are to sign a potential $1-billion deal to develop two natural gas fields.
8:00 PM EST | October 25, 2016
Jefferies: OPEC Output Cut Unlikely
It's unlikely that OPEC will be able to maintain its planned output cut, according to oil and gas analysts at investment bank Jefferies.
8:00 PM EST | October 10, 2016
Spain's Repsol Provides $1.2B Credit Line For Venezuela Oil JV
Repsol is providing a credit line of up to $1.2 billion to boost oil output at a joint venture it runs with PDVSA.
8:00 PM EST | October 06, 2016
Trade Group Oil & Gas UK Makes 4 Board Appointments
Trade association Oil & Gas UK appoints executives from Apache, Premier Oil, Repsol Sinopec and Rowan Companies to its board.
8:00 PM EST | October 03, 2016