Repsol Company News
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Equinor and Partners Choose Concept for Offshore Brazil Field
Monday, March 22, 2021Equinor, Repsol Sinopec Brasil, and Petrobras have approved a development concept for the BM-C-33 gas/condensate field.
Libya Gets Back on the Oil Map
Monday, March 15, 2021On Monday, Libya's first unified government in seven years was sworn in.
Well Plugging Starts in Pioneering North Sea Field
Tuesday, February 23, 2021Plugging operations began last month in conjunction with the planned shutdown of the Veslefrikk field. PHOTO SOURCE: Øyvind Hagen/Equinor
Libya Wants Foreign Oil Firms to Fund Infrastructure Repairs
Thursday, January 21, 2021Libya is seeking funding from foreign oil companies to fix its ailing infrastructure after years of war and neglect.
Vietnam Gas Supply Crunch Hinges on Geopolitical Interference
Monday, December 14, 2020The 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.
Venezuela Oil Exports to China Surge
Tuesday, December 01, 2020Venezuela almost tripled its crude oil exports even as the US continues to tighten sanctions against companies seeking to do business with its ruling regime.
Hess Divests Stake in Deepwater Field
Monday, November 09, 2020Hess Corp. has completed the sale of its 28-percent working interest in the Shenzi Field in the deepwater Gulf of Mexico.
Repsol Seeks Contract for Canadian Crude
Thursday, October 29, 2020The Spanish company has typically sourced heavy crude supplies from Latin America and has been the biggest buyer of Mexican crude in 2020.
Libya May Double Oil Output Next Week
Monday, October 12, 2020Libya took a major step toward reviving its battered oil industry by reopening its biggest field.
Repsol Selects Drilling Contractor for Mexico Campaign
Tuesday, September 22, 2020Stena Drilling has signed a new contract with Repsol and others to provide a drillship for a 2021 offshore Mexico drilling campaign.
Repsol Awards Five-year Malaysia Subsea Contract
Thursday, June 25, 2020Repsol Oil and Gas has awarded Cortez Subsea a five-year contract to provide a subsea inspection management system offshore Malaysia.
Oil and Gas Blockchain Group Claims Milestone
Monday, June 08, 2020The Offshore Operators Committee Oil and Gas Blockchain Consortium reportedly has achieved an industrywide first.
Archer Inks Decomm Contract With Repsol
Friday, June 05, 2020Archer is the sole provider of all downhole services on the Gyda Plug and Abandonment Campaign.
Petrofac Gains 200 North Sea Workers With Repsol Contract
Monday, April 27, 2020Petrofac will provide operations and maintenance support across six additional Repsol Sinopec assets.
Oil Rout Puts the Brakes on Energy IPO Pipeline
Monday, March 09, 2020Crashing oil prices and volatile stock markets are squelching hopes for several high-profile IPOs by European energy companies.
Venezuela Mulls Privatizing Oil Amid Economic Freefall
Monday, January 27, 2020It would be a move that forsakes decades of state monopoly.
Is Chevron's $11B Write-Down an Oilpatch Warning?
Tuesday, January 14, 2020Current market conditions are resulting in many US fracking projects failing to break even.
Repsol Weighs Potential Sale of Malaysian Assets
Friday, January 10, 2020Repsol SA is exploring options for its Malaysian upstream operations including a potential sale as the Spanish oil company reviews its global portfolio.
Repsol to Abandon Offshore Guyana Well
Thursday, January 02, 2020Tullow exec says oil discovery has positive implications for Kanuku and Orinduik blocks, though.
Top Upstream Companies in Predictive Maintenance
Tuesday, November 26, 2019GlobalData has identified the 'leading' upstream companies that are adopting predictive maintenance technologies in the oil and gas industry.
Repsol Turns to Alberta for Mexican, Venezuelan Oil Replacement
Tuesday, November 12, 2019Repsol is looking as far away as Western Canada for oil for its European refineries amid dwindling supplies from Mexico and Venezuela.
Equinor Inks $325MM Deal to Sell Eagle Ford Assets to Repsol
Friday, November 08, 2019Equinor has signed an agreement to divest its position in the Eagle Ford to Repsol for $325 million.
Halliburton, Repsol in Cloud Tech Agreement for E&P
Monday, October 28, 2019Halliburton has entered into a multi-year agreement with Repsol to make management of exploration and production data more efficient.
Argentina Primed for Great Natural Gas Rise
Wednesday, October 16, 2019There are interesting opportunities for shale development in Argentina, and they're pretty promising for natural gas.
Oil Explorers Forge Ahead in Mexico
Friday, March 29, 2019Under government pressure that they're moving too slow, international oil companies are pushing ahead with deepwater development plans in Mexico.
Equinor May be Mulling Eagle Ford Sale
Monday, March 18, 2019Norway's biggest oil company has held talks with potential suitors for its stake in the Eagle Ford business.
Rowan Jack-up Heading to Guyana
Thursday, March 14, 2019Repsol plans to spud its first exploration well in the offshore Kanuku block this year.
Repsol Makes Gas Discovery in Indonesia
Wednesday, February 20, 2019Repsol S.A. has unlocked the largest gas discovery in Indonesia in 18 years.
Big Oil Reuses Platforms in Latest Cost-Cutting Trick
Thursday, November 15, 2018Oil companies have pushed through draconian cost cuts during the recent industry slump, but they're not quite done yet.
Sources: Spain's Repsol Hires Tanker For Iran's Pars Oil As Sanctions Loom
Tuesday, June 19, 2018Repsol has hired Malta-flagged suezmax Mabrouk to ship the first export parcel of Pars oil.
Total Signs Deal to Extend TFT Gas Field License in Algeria
Monday, June 11, 2018French 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.
Repsol Asks Vietnam For Compensation After Drilling Project Halted
Friday, May 04, 2018Repsol 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.
Exxon, Total, Repsol Among Bidders For Oil Exploration Off Greece
Monday, March 05, 2018ExxonMobil, Total and Repsol are among members of two consortia that have submitted bids to explore for oil and gas off Greece.
Oil's Heavy Hitters Line Up to Dive Into Mexico's Deep Waters
Friday, January 26, 2018The sale will be Mexico's biggest, in terms of fields and expected investment, since Pemex's monopoly ended in 2013.
Exxon Mobil Bets on Brazil, Buys 10 Oil Blocks in Auction
Thursday, September 28, 2017Exxon Mobil Corp vastly expanded its presence in Brazil on Wednesday.
Repsol Says Drilling Suspended On Vietnam Oil Block Disputed By China
Wednesday, August 02, 2017Repsol 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.
China Urges Halt To Oil Drilling In Disputed South China Sea
Tuesday, July 25, 2017China's Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea.
SBM Offshore, Repsol to Get $247 Million in Yme Insurance Settlement
Monday, July 17, 2017SBM Offshore and Repsol will share an insurance payment of $247 million, less legal costs, related to a troubled Norwegian offshore project.
Repsol Sinopec Flows First Oil from North Sea Shaw Field
Tuesday, May 09, 2017Repsol 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.
Spain's Repsol Aims To Cut Debt By A Further 16% In 2017
Thursday, February 23, 2017Repsol 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.
Poll: US, Foreign Oil Companies to Prosper in Trump's USA
Thursday, November 10, 2016Both US and foreign oil companies will thrive in Trump's USA, according to a Rigzone poll on social media platform Twitter.
European Industry Says Trump Must Define Energy Policy
Wednesday, November 09, 2016Europe'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.
Repsol Raises Cost-Savings Target, Cuts Investments
Thursday, November 03, 2016Repsol 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).
Bolivia, Repsol to Sign Deal to Develop Two Natural Gas Fields
Wednesday, October 26, 2016The Bolivian government and a consortium led by Spain's Repsol are to sign a potential $1-billion deal to develop two natural gas fields.
Jefferies: OPEC Output Cut Unlikely
Tuesday, October 11, 2016It's unlikely that OPEC will be able to maintain its planned output cut, according to oil and gas analysts at investment bank Jefferies.
Spain's Repsol Provides $1.2B Credit Line For Venezuela Oil JV
Friday, October 07, 2016Repsol is providing a credit line of up to $1.2 billion to boost oil output at a joint venture it runs with PDVSA.
Trade Group Oil & Gas UK Makes 4 Board Appointments
Tuesday, October 04, 2016Trade association Oil & Gas UK appoints executives from Apache, Premier Oil, Repsol Sinopec and Rowan Companies to its board.
How Actual Nuts and Bolts Are Bringing Down Oil Prices
Wednesday, September 28, 2016Standardized pipes and casings could hold the key to a pervasive mystery about today’s energy market: Why is everyone still drilling when prices are in the basement?
Spain's Repsol and Criteria Sell Combined 20% of Gas Natural
Monday, September 12, 2016Spain's Repsol and Criteria Caixa will sell for $4.27 billion ($3.8 billion euro) a combined 20 percent stake in Gas Natural to U.S. fund Global Insfrastructure Partners.
Chevron Best Positioned IOC Following Oil Price Collapse
Wednesday, September 07, 2016Chevron is the best strategically positioned integrated oil company following the collapse in oil prices in 2014, according to a report from investment bank Jefferies.