The pre-tax deficit of $745.4million (£539m) for the year to December 31, 2020 compares to profits of $232.9m … Repsol Sinopec Brazil has a 25% stake in the exploration consortium with Petrobras (45% and operator) and BG Group (30%). The FPSO Bleo Holm is owned by Bluewater and operated by Repsol Sinopec.. 15 Feb '21 Repsol Sinopec CEO José Luis appointed to OGUK Board Repsol, Axens, and IFPEN develop a new process to boost circular materials production. Together, the group offers decades of subsea and topsides engineering, project management and operating expertise to create an all-encompassing offering, from … Update: Ithaca Energy appoints former Repsol Sinopec boss as new CEO. Petrofac company announced the formation of industry alliance with companies of Repsol Sinopec Resources UK and TechnipFMC to maximize the recovery of oil and gas from the UK Continental Shelf (UKCS). ... access to the private shareholder area where you’ll be able to track your investment and stay up-to-date on all the latest Repsol news. Madrid-headquartered Repsol said it expected to challenge the latest ruling, which did not allocate compensation to the complainants. The new director of Repsol Sinopec Resources UK joined the Spanish group in 2005 and until now was the general manager of the Repsol Business Unit in the United Kingdom, based in Aberdeen. Repsol Sinopec Resources UK took losses of nearly three quarters of a billion dollars during an “extraordinary” and “challenging” 2020. The FPSO is located in UKCS Block 13/28a on the Blake and Ross Fields, 72 miles north east of Aberdeen, since 1999. The new BLP will be connected to the Montrose Alpha platform to provide additional process and plant support facilities. First oil has begun flowing from Repsol Sinopec’s Shaw field in the North Sea offshore UK. Repsol Sinopec and its partners Statoil and Petrobras have made a discovery of good quality oil in the 1-REPF-11A-RJS well, informally known as Gávea. 01 June 2021. The … Repsol Sinopec Resources UK Limited is an oil and gas exploration and production company operating in the North Sea. Politics. 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 has decided to provision 837 million euros, charged to the results of 2019 -which will be known next Thursday-, after receiving a partial arbitration award against it in its litigation with Sinopec for the participation of the Chinese state oil company in … The Bleo Holm FPSO is owned by Bluewater and operated by Repsol Sinopec. Albacora This was Repsol Sinopec’s first field in Brazil. Repsol Sinopec Brazil and its partners Petrobras and BG Group have announced a new oil discovery in the Carioca area, located in block BM-S-9, which confirms the potential in the Brazilian pre-salt Santos Basin area. Petrofac confirms it will play a significant role in new contracting strategies launched by Repsol Sinopec Resources UK earlier today as part of its ongoing North Sea transformation plan. The Bleo Holm FPSO is owned by Bluewater and operated by Repsol Sinopec. Equality and diversity. 343 Views. Repsol Sinopec Resources UK Names New CEO. Spanish oil giant to spend $746m on low carbon projects this year and over $1.8bn on upstream oil. Repsol Sinopec Increases Petrofac's North Sea Workload. June 28, 2011. Norwegian exploration player turning into full-cycle E&P as Repsol exits Brage. Recent news articles on Rigzone about Repsol . According to a statement by Repsol, Sinopec and Addax are demanding a payback of around $5.5 billion for their […] Repsol Sinopec Resources UK Limited (formerly Talisman Sinopec Energy UK Limited) has exercised a further month of options. Repsol Sinopec hit with 'fire and explosion risk' notice off UK. Shaw is a part of the Montrose Area Redevelopment (MAR), a project which boosts the long term Montrose Area infrastructure. Apr 01, 2020. Tuesday, 16th February 2021. The Bleo Holm FPSO is located in UKCS Block 13/28a on the Blake and Ross Fields, 72 miles northeast of Aberdeen, since 1999. Latest News Exclusive Regions ... Repsol Sinopec extends charter on North Sea FPSO ... manufacture and commission the new self-propelled trains, while Repsol … Repsol Sinopec Resources UK Limited revealed Wednesday that Jose Luis Munoz has taken up the position of chief executive officer at the company. July 26, 2021 Additive Manufacturing & Material-Markttrends 2021, Analyse nach Größe mit Ländern, regionalen Segmenten, CAGR-Wert, Entwicklungsfaktoren, Umsatz, Bruttomarge, Branchenbericht und Prognose bis 2023 Repsol enters the U.S. renewables market with the purchase of 40% of project developer Hecate Energy. Repsol Sinopec will have further options to extend the charter. To be updated with all the latest news, offers and special announcements. The Bleo Holm FPSO is owned by Bluewater and operated by Repsol Sinopec. The field was in production from 1996 to 2001. Repsol Sinopec evacuates workers after Covid outbreak on North Sea platform ... Adis is an experienced news reporter with a backgroud in finance, media and education. Argentine producer to acquire Sinopec assets: press Natural Gas World 19:25 Argentina China Oil & Gas. Adis is an experienced news reporter with a backgroud in finance, media and education. If you have news, views, writing, music, or artwork that you think people need to know about, get in touch using the contact form on this site, or Facebook or Twitter. José Luis Muñoz, Repsol Sinopec CEO said: "I am very pleased that this contract has been extended. Repsol Sinopec Brasil estimates that Block BM-C-33, in the deepwater Campos Basin, contains resources of more than 700 million barrels of light oil … Equinor, a Norwegian oil and gas company, is the operator of the field with a 35% interest, with Repsol Sinopec Brasil (35%) and Petrobras (30%) as partners. Dunnett, who succeeds Les Thomas, is a chartered engineer with more than 35 years of experience in the oil and gas industry. Related News /// Gardner … Know more. ... Repsol Sinopec extends lease for North Sea FPSO Offshore Energy 09:07 28-Jun-21. It is operator for the Gyda, Blane, Yme and Rev fields and has ownership interests in several others. The new contract term will run until 31 December 2024 and thereafter Repsol Sinopec may take out further one-year extensions at its discretion, the company said last Friday. Repsol Sinopec Resources UK Limited sanctioned the Montrose Area Redevelopment (MAR) to significantly enhance the Montrose Area infrastructure, including the development of three new fields - Godwin, Cayley, and Shaw. 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. UK Health & Safety Executive says unlit flare put workers at risk, as Valaris issued with improvement notice. What we look for. This has been found in favour of Addax and Sinopec in their litigation against Talisman Energy (currently “ROGCI”) and Talisman Colombia Holdco Limited. The leading global oil, gas and energy news resource. The KBD-2X well completed by Repsol and partners PETRONAS and MOECO provides preliminary estimation of at least 2 trillion cubic feet (TCF) of recoverable resources. Repsol to expand its industrial complex in Sines to make it one of the most advanced in Europe Repsol will build two polymer materials plants at its Sines Industrial Complex (Portugal), representing the largest industrial investment in Portugal in the last ten years, at €657 million. Repsol, Sinopec In $17.8 Bln Brazil Joint Venture Send by ph.news.yahoo.com MADRID, Oct 1 (Reuters) - Spanish oil major Repsol and Chinese petrochemical giant Sinopec have agreed to form a $17.8 billion joint venture to develop Repsol's Brazilian deposits, Repsol said on Friday. REPSOL S A : Delivers Carbon Offset Credit in Compensation for LNG Emissions. Repsol Sinopec extends North Sea FPSO charter with Bluewater Splash 24/7 07:49 Repsol YPF European Oil & Gas Energy News. ... Repsol Sinopec Brasil, ... 2020 Stena Drilling has signed a new contract with Repsol and others to provide a … REPSOL SINOPEC FORMS INDUSTRY ALLIANCE TO MAXIMISE RECOVERY OF NORTH SEA RESERVES Repsol Sinopec Resources has formed an innovative partnership with energy service providers TechnipFMC and Petrofac. Spanish oil company Repsol has been served a $5.5 billion arbitration notice by China’s Sinopec. Apr 28, 2021. ... Repsol Sinopec extends lease for North Sea FPSO Offshore Energy 04:07 28-Jun-21. Aberdeen. The new contract will run until December 31, 2024 and Repsol Sinopec may take out further extensions at their discretion. The initial production of the field began in June 1998, we have been part of the consortium since 2000 and currently invest in new technologies to maximize the recovery factor of the field, always prioritizing safety and sustainability. Repsol Sinopec to Tie-In Tain to Bleo Holm FPSO. North Sea oil company Ithaca Energy has named industry veteran Bill Dunnett as its new chief executive.Mr Dunnett replaces Les Thomas in the senior position at Ithaca, headquartered in Aberdeen, owned by the Israeli company Delek Group since 2017. Repsol sells its Exploration and Production assets in Malaysia and in Block 46 CN in Vietnam. Repsol produces about 30,000 barrels of oil equivalents per day from fields in the Norwegian shelf. Sinopec, together with its subsidiary, Addax Petroleum UK, has served the arbitration notice to Repsol’s subsidiaries Talisman Energy and Talisman Colombia. Business & Finance. Final investment decision due in 2021 on infill project involving four new wells. Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinopec Resources UK Ltd, following an enhancement to its existing contract. Repsol says no employee illegally or unethically engaged information services. Maersk Oil. Operator Repsol Sinopec Resources UK confirmed that a “small number of workers” had tested positive for Covid-19 on the installation, which lies … Dunnett was previously the chief executive officer of Repsol Sinopec Resources UK Limited and has also worked in various positions at Petrofac, Halliburton, Mobil North Sea and Shell. Company profile page for Repsol Sinopec Resources UK Ltd including stock price, company news, press releases, executives, board members, and contact information . During that time, he also served (2017-2020) as a member of the joint venture executive committee, supporting the recent transformation of the business. Read the latest Sinopec headlines, on NewsNow: the one-stop shop for Sinopec news. Jul 2010 - Sep 20177 years 3 months. Oil firm Repsol Sinopec Resources UK (RSRUK) has confirmed that it will reduce the number of contractors employed on its North Sea platforms. Tuesday, 16th February 2021. The new contract term will run until 31 December 2024 and thereafter Repsol Sinopec may take out further one-year extensions at its discretion, the company said last Friday. 03/12. Repsol Sinopec (RSRUK) said there will be organisational changes, but aims to “minimise staff reductions and will explore redeployment opportunities where possible”. Repsol Sinopec will provide access to its facilities under the industry-led infrastructure code of practice. Repsol to invest € 657 million in construction of two new plants in Portugal Plastics News Europe 14:36 9-Jul-21 Spain’s high court puts Repsol, Caixabank under formal investigation Metro US 18:50 8-Jul-21 [...] Rating: 1 out of 5 stars Rate up / Rate down OBO Project Manager looking after Maersk Oil's interest in the Golden Eagle Area Development. For the last five years Dunnett has served as the CEO of Repsol-Sinopec Resources UK Limited and has previously worked for companies such as Petrofac, Halliburton, Mobil North Sea and Shell. Benefits of working at Repsol. By Allister Thomas 17/08/2018, 7:35 am Updated: 17/08/2018, 7:37 am The new contract term will run until 31 December 2024 and thereafter Repsol Sinopec may take out further one-year extensions at its discretion, the company said last Friday. We invite submissions on any topic relevant to the people of Orkney. REPSOL S A : Prices $895.3 Million Of Bonds. The BM-C-33 block was acquired by Repsol Sinopec Brasil at the auction held by Brazil’s National Petroleum Agency (ANP) in 2005. Know more. The leading global oil, gas and energy news resource. Repsol’s energy transition plan to major on renewables and green hydrogen. Email. Repsol Sinopec Resources UK took losses of nearly three quarters of a billion dollars during an “extraordinary” and “challenging” 2020. Repsol Sinopec Resources UK Limited (formerly Talisman Sinopec Energy UK Limited) has exercised a further four weeks of options. New … The Bleo Holm FPSO is owned by Bluewater and operated by Repsol Sinopec. 5/9/2017. Repsol sells its Exploration and Production assets in Malaysia and in Block 46 CN in Vietnam. Jul 05, 2021 (Heraldkeepers) -- The EVA Resin market report provides a … 19 Apr '19 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. Current licensees were awarded the rights to block 9/2 and 9/5 (production license 316/316B) 18 June 2004. Respol Sinopec Resources UK (RSRUK) has become the latest North Sea operator to announce it is reviewing 3/3 offshore rotas. Petrofac, Repsol, Technip Form Industry Alliance to Maximize North Sea Reserves. NEWS | Partners have chosen concept for BM-C-33 project in Brazil Equinor, together with license partners Repsol Sinopec Brasil and Petrobras, have approved the development concept for BM-C-33, a gas/condensate field located in the Campos Basin pre-salt in Brazil. For the last five years Dunnett has served as the CEO of Repsol-Sinopec Resources UK Limited and has previously worked for companies such as … UK-based oil and gas operator Repsol Sinopec is planning to apply for permission for the development of the Tain field in the Central North Sea, offshore the UK. More most relevant news. Repsol Sinopec will provide access to its facilities under the industry-led infrastructure code of practice. 23-06-2021. The company, together with Statoil and Petrobras, completed the the Gavea A1 well appraisal well in the ultra-deep pre-salt block BM-C-33 discovery. Project Manager. North Sea operator, Repsol Sinopec Resources UK (RSRUK), has reached an agreement with floater specialist Bluewater to extend the bareboat charter for the floating production storage and offloading (FPSO) unit Bleo Holm.. Les has a Bsc (1st class hons) in Civil Engineering and a Masters degree in Petroleum Engineering, both from Heriot Watt University in Edinburgh. Politics. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. Repsol’s strategy of becoming a net zero emissions company by 2050 will see it develop around 400 to 500MW of new renewables projects per year, the Spanish giant said. Munoz … Training and professional development. The pre-tax deficit of $745.4million (£539m) for the year to December 31, 2020 compares to profits of $232.9m … Repsol Sinopec said Dunnett…. Oil and gas company Repsol Sinopec has received approval from the UK authorities for preparation work scopes plan relating to the decommissioning of the Fulmar and Auk North installations located in the UK sector of the North Sea. The find is the largest discovery in Indonesia in the past 18 years and represents new resources for the Indonesian market that will help fuel economic development. The company is the latest of the big European energy groups to implement ... with Repsol-Sinopec Brazil keeping a 35 per cent stake in the project. "Together, the group offers decades of subsea and topsides engineering, project management and operating expertise to create an all-encompassing offering, from the well head to export route," Repsol Sinopec said. Repsol Sinopec Resources, together with its JV partner RockRose Energy, has awarded an extension of the bareboat #charter to a Bluewater-owned #FPSO. Repsol enters the U.S. renewables market with the purchase of 40% of project developer Hecate Energy. CGC buys Sinopec assets in Argentina to increase its oil output S&P Global Platts 20:33 Argentina China Oil & Gas. Read the latest Sinopec headlines, on NewsNow: the one-stop shop for Sinopec news. Sinopec Reports $2.9 Billion Q1 Net Profit. Repsol will make a provision of 837 million euros, representing 4% of its market cap, in its 2019 results after the first partial award (of a total of five) issued by the Arbitration Court in 2020. This is the Repsol Sinopec Resources company profile. It is … All news about REPSOL S.A. 08:49a. Watching the business news first thing is a new … Repsol Sinopec Brazil has an 11.9% share in the consortium and Petrobras, which is the operator, holds the remaining 88.1%. Project Manager for the Flyndre/Cawdor Development responsible for driving the Project safely and efficiently from Define, through Execute and on to Operate. Recent news articles on Rigzone about Repsol . ... Repsol Sinopec evacuates workers after Covid outbreak on North Sea platform ... July 28, 2021. ABERDEEN -- First oil has begun to flow from the … Arbitration proceedings were launched in 2015 by Sinopec … The new contract term will run until 31st December 2024, thereafter Repsol Sinopec may take out further 1 year extensions at their discretion. The Tain field is located in Block 13/23b. Repsol Sinopec confirms first oil from Montrose Area redevelopment, North Sea. The MarketWatch News Department was not involved in the creation of this content. Muñoz replaces Bill Dunnett, who had been in the CEO since 2015. In the last 7 days. #offshore #UK #NorthSea. Repsol Sinopec Preparing for Decommissioning of UK North Sea Field 23 Nov 2020 by Nermina Kulovic Oil and gas company Repsol Sinopec has received approval from the UK authorities for preparation work scopes plan relating to the decommissioning of the Fulmar and Auk North installations located in the UK sector of the North Sea. Posts about Repsol Sinopec written by theorkneynews. Repsol Announces Major Oil Discovery at Gavea Well, Offshore Brazil. Business & Finance. In February, an investigation by Unearthed found that Repsol Sinopec was the company responsible for the most emissions by venting and flaring from oil and gas facilities in the North Sea between 2015 and 2019. Updated: Ithaca Energy appoints former Repsol Sinopec boss as new CEO. ... Repsol Sinopec Brasil, ... 2020 Stena Drilling has signed a new contract with Repsol and others to provide a … ... Repsol Sinopec slammed by HSE after gas leak and shutdown of Piper Bravo platform Energy Voice 12:33 23-Jun-21. Petrofac to support Repsol Sinopec’s transformation plan. Dunnett, who succeeds Les Thomas, is a chartered engineer with more than 35 years of experience in the oil and gas industry. EUROPETROLE est un portail sur l’industrie du pétrole et du gaz qui propose l’actualité, un espace emploi, un annuaire de plus de 1500 entreprises dans le secteur du pétrole By clicking "OK" or continuing to use this site, you agree that we may collect and use your personal data and set cookies to improve your experience and customise advertising. All content is posted anonymously by employees working at Repsol Sinopec Resources. Repsol Sinopec eyeing new subsea development in UK North Sea. Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinopec Resources UK Ltd, following an enhancement to its existing contract. Under the terms of its current agreement, Petrofac will provide operations and maintenance support across six additional Repsol Sinopec assets. Glassdoor gives you an inside look at what it's like to work at Repsol Sinopec Resources, including salaries, reviews, office photos, and more. The FPSO is located in UKCS Block 13/28a on the Blake and Ross Fields, 72 miles north east of Aberdeen, since 1999. North Sea oil firm Repsol Sinopec Resources UK (RSRUK) has opted to stick with three week offshore rotas on its platforms after concluding a review. Repsol Sinopec has encountered oil in its fourth probe in the BM-C-33 licence in the Campos basin, offshore Brazil. The new contract term will run until 31 December 2024; thereafter Repsol Sinopec may take out further 1 year extensions at their discretion. According to Statoil, Gavea A1 encountered a hydrocarbon column of 175 meters in a good-quality reservoir of silicified […] Thank … Go to Repsol News. The main reason for abandonment was the combination of high cost and low oil prices. Petrofac, Repsol, Technip Form Industry Alliance to Maximize North Sea Reserves. The find in Gávea is the most significant made in the pre-salt area of the Campos Basin. ... bringing you key news and insight from across the global energy landscape. Sign up. MT. Breaking news headlines about Repsol YPF, linking to 1,000s of sources around the world, on NewsNow: the one-stop shop for breaking news ... Latest News . The project includes the development of three new fields – Godwin, Cayley and Shaw – and a new bridge-linked production platform […] China Petroleum & Chemical Corp swung to a first-quarter profit from a loss a year earlier, with net income reaching 18.54 billion yuan ($2.86 billion), amid a recovery in global oil prices and robust … Under the terms of its current agreement, Petrofac will provide operations and maintenance support across six additional Repsol Sinopec assets. For the last five years Dunnett has served as the CEO of Repsol-Sinopec Resources UK Limited and has previously worked for companies such as Petrofac, Halliburton, Mobil North Sea and Shell. June 17, 2021, by Nermina Kulovic. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. 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. Work-life balance and flexibility. Lime Petroleum, a subsidiary of Singapore’s Rex International, is buying Repsol’s interest in the Brage field located off Norway as part of its strategy to transform into a full-cycle E&P company. image copyright Repsol Sinopec Resources Plans to breathe new life into a group of North Sea oilfields have been boosted after a 10,500-tonne platform was installed in the Montrose Area. Repsol Sinopec targets additional barrels as production efficiency rises Work has begun on projects across a number of sites in the Repsol Sinopec portfolio that should realise in the region of an additional 10m boe. Mr Dunnett was at the helm of Repsol Sinopec Resources UK (RSRUK) for five years before leaving the business at the end of March 2020. He also worked for Petrofac, Halliburton, Mobil North Sea and Shell over the course of his 35-year oil industry career. 01 June 2021. Repsol became entangled in the dispute after it bought Talisman for $8.3bn (£6.4bn) in 2015, a deal which gave it 51% of RSRUK, previously called Talisman Sinopec Energy UK. In 2016, Repsol published a statement in which it described the legal action was “groundless” and “inconsistent with the loyalty to be expected from a business partner”. Repsol Sinopec said Dunnett was stepping down "as planned following the end of his contract on March 31st." MT. Latest News. By clicking "OK" or continuing to use this site, you agree that we may collect and use your personal data and set cookies to improve your experience and customise advertising. Oil and gas company Repsol Sinopec Resources has awarded an extension of the bareboat charter to the Bluewater-owned FPSO Bleo Holm. Petrofac company announced the formation of industry alliance with companies of Repsol Sinopec Resources UK and TechnipFMC to maximize the recovery of oil and gas from the UK Continental Shelf (UKCS), a press release stated. ... Latest News. May take out further 1 year extensions at their repsol sinopec latest news the Bleo Holm FPSO Aberdeen -- first oil begun... Production license 316/316B ) 18 June 2004 replaces Bill dunnett, who had been in the North Sea was. Department was not involved in the CEO since 2015 part of the Area! From across the global Energy landscape was Repsol Sinopec Resources awarded an extension the... 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