Tag: Repsol
Les Thomas joins Repsol Sinopec as Independent Director
Repsol Sinopec has announced the appointment of Les Thomas as the new Independent Director on the Board of Repsol Sinopec Resources UK Limited with effect from 11 December 2020.
Repsol begins gas production in Peru
Repsol has begun gas production from the Sagari field, located in block 57 in the Cusco region of Peru, reinforcing the company´s gas output drive in its reserves development strategy.
Repsol divests Eagle, invests in Gudrun
Spanish based global energy company, Repsol, has agreed to divest a 13% stake in its Eagle Ford project in the United States to its partner Statoil. At the same time, Repsol will acquire a 15% share in the Gudrun producing field in Norway from Statoil.
Venezuela: gas field
Spain-based Repsol has discovered a Venezuelan gas field containing as much as 8 trillion cu/ft of fuel. Repsol said that the field's potential gas resources would be enough to supply Spain for more than 5 years.
Iran: Total to develop gas field
Total has won a bid to develop Phase 11 of Iran's South Pars offshore gas field, a senior Iranian official has said.
Ecuador bid plan in doubt
A group of foreign oil companies in Ecuador have said the government's plans to seek fresh investments to raise crude output faces risk of failure because of unattractive contract terms.
Trinidad builds largest LNG processor
Trinidad has signed an agreement to build the world's largest processing plant for LNG.
Cuba Explores Gulf for Oil
Cuba is planning to begin exploration for oil in its waters in the Gulf of Mexico in August, it was reported.