More than 30 firms share in ‘largest ever’ Norwegian licensing round
The Norwegian Petroleum Directorate (NPD) has announced more than 30 firms have been awarded ownership in its "largest ever" licensing round.
Repsol
Former Repsol chief joins ORE Catapult
The Offshore Renewable (ORE) Energy Catapult has today announced the appointment to its board of former Repsol UK head, Ronnie Bonnar.
Repsol earnings miss as rising costs offset higher oil output
Repsol SA, Spain’s main oil producer, reported second-quarter net income that missed estimates as higher oil output failed to compensate for increasing costs of producing chemicals.
Big oil is raking in cash so investors are asking: Now what?
The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.
Total, Sonatrach strike 25-year extension deal on Algerian gas field
A new extension deal has been struck by partners Total, Sonatrach and Repsol to extend the drilling and development of the Tin Fouyé Tabankort (TFT) gas and condensate field in Algeria.
Repsol to invest £7bn in ramping up production over next two years
Spanish oil giant Repsol will invest about £7billion in its upstream oil and gas business over the next two years.
Repsol to end pursuit of oil growth in tilt to clean energy
Repsol SA will no longer seek growth for its oil and gas business in preparation for the global transition to cleaner energy, according to a person familiar with the matter.
Proserv wins £4million Repsol contract for Yme redevelopment
An Aberdeenshire-headquartered energy services firm has won a £4million contract to help redevelop an oil field in the Norwegian North Sea.
European majors join race for Mexico oil bonanza in Gulf waters
European oil majors are swarming the shallow-waters of the Gulf of Mexico as the country races to attract investment before an election.
Repsol looks to sell North Sea portfolio, report says
Spanish oil giant has hired Bank of America-Merrill Lynch to assist with the sale of its North Sea portfolio, a news report said, citing banking sources.
North Sea production boosts performance at Repsol
Spanish oil firm Repsol said today that production from North Sea assets had helped increase its profits in 2017.
Kvaerner awarded decomm double
Kvaerner has announced an agreement with Allseas for the recycling of the topside and bridge of the Valhall QP platform.
Total snaps up two exploration licences off the coast of Guyana
French energy giant Total has confirmed the acquisition of two offshore exploration licences in Guyana’s Canje Block and Kanuku Block.
Repsol buys Total’s stake in North Sea Visund field
Respol has reached a deal to buy Total's stake in the Visund field in the North Sea.
Repsol hands in decommissioning plan for North Sea field
Spanish oil firm Repsol has handed in a draft decommissioning plan for the Rev field in the Norwegian North Sea.
Repsol hands in new plan for Yme field
Spanish oil firm Repsol has submitted a revised development plan for the Yme field to the Norwegian Government.
North Sea oil flows boost Repsol’s profits in Q3
Spanish oil firm Repsol said today that production from North Sea assets had boosted its third quarter profits.
Brazil’s Santos basin only gets one bid in 14th offshore round
Only one block in the Santos basin attracted a bid in Brazil’s 14th offshore licencing round, the country’s oil watchdog ANP said.
Archer lands P&A work with Repsol
Archer has landed a plug and abandonment (P&A) with Repsol.
Round-up: Mergers and takeovers of the oil sector downturn
Transocean’s planned $3.4billion takeover of Songa Offshore will create one of the world’s biggest offshore vessel contractors.
SBM reaches settlement with insurers over Yme platform fiasco
Dutch oil service firm SBM Offshore said today it had reached a settlement with insurers for the Yme platform, which had to be scrapped amid structural concerns.
SBM, Repsol agree huge settlement with insurers
Dutch firm SBM Offshore and Spanish energy giant Repsol will share the proceeds of a $247 million pay-out from insurers.
The five biggest billion barrel discoveries of recent times
As Premier Oil and Talos announce a billion barrel find in Mexico's Zama-1 exploration well - the first offshore exploration well drilled by the private sector in Mexico's history - EV decided to compile a list of the five most recent billion barrel hauls worldwide. The numbers alone are staggering.
Think-tank delivers climate change warning to oil majors
Major North Sea oil firms will have to cap their global spending by as much as 70% if international climate change targets are to be met, a financial think tank has warned.
Eni the big winner in Mexican offshore round
Eni was the biggest winner in Mexico’s latest auction of shallow-water oil prospects.