Spanish oil company Repsol has received consent from the Norwegian regulators for life extension of the Rev field in the North Sea.The field, part of production license 038 C, for which Repsol Norge is the operator is located near the UK border…
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…
Spain's Repsol reported a 28% fall in first-quarter profit on Tuesday, becoming the latest oil and gas company to show the deep damage done to its balance sheet by the coronavirus laying waste to energy demand.Oil prices fell 65% in the period…
The UK-based oilfield services firm Petrofac has won more work from Repsol Sinopec Resources UK for offshore maintenance operations on oil platforms in the UK North Sea.Petrofac said Thursday it was preparing to extend its provision of operations…
UK North Sea-focused oil company Repsol Sinopec Resources UK Limited has appointed Jose Luis Muñoz as its Chief Executive Officer, effective April 1, 2020.Muñoz replaces Bill Dunnett, who had been in the CEO since 2015. Repsol Sinopec said Dunnett…
UK oil and gas operator Repsol Sinopec has filed a draft decommissioning plan for subsea infrastructure at Buchan & Hannay fields in the North Sea.The Buchan Alpha Floating Production Unit (FPU) ‘off station’ activities were completed in August 2017 with the sailaway of the platform…
Spain's Repsol on Thursday reported a 36% fall in adjusted net profit and a net loss for the fourth quarter of 2019, battered on all sides by lower oil and gas prices and one-off charges mainly related to a bid to cut carbon emissions. Oil majors…
The start of production at Repsol's Yme oilfield, the group's largest project off Norway, will be delayed until the second half of 2020 as preparations take longer than expected, the Spanish energy firm confirmed on Thursday. Repsol, which holds…
Spanish oil firm Repsol has hired Malaysia's Tanjung Offshore services for offshore work in Malaysia and Vietnam.Tanjung Offshore, a subsidiary of T7 Global, will provide maintenance, construction, and modification services at Repsol's PM3-CAA block located between Malaysia and Vietnam…
Spain's Repsol believes it can start producing oil at the Norwegian Yme oilfield in the first half of next year, a partner in the field said on Wednesday.'Repsol, the operator of the field, is confident that Yme could start production in the first half of 2020…
Petrofac, a provider of oilfield services to the international oil and gas industry, has been awarded a major contract extension in support of Repsol Sinopec Resources UK Limited’s North Sea operations.The Jersey-based energy services firm said…
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…
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…
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…