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 (RSRUK) said there will be organisational changes, but aims to “minimise staff reductions and will explore redeployment opportunities where possible”. Repsol enters the U.S. renewables market with the purchase of 40% of project developer Hecate Energy. The new contract will run until December 31, 2024 and Repsol Sinopec may take out further extensions at their discretion. Go to Repsol News. 23-06-2021. Sinopec Reports $2.9 Billion Q1 Net Profit. . 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. Recent news articles on Rigzone about Repsol . 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 Apr 28, 2021. 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. Madrid-headquartered Repsol said it expected to challenge the latest ruling, which did not allocate compensation to the complainants. Petrofac to support Repsol Sinopec’s transformation plan. The pre-tax deficit of $745.4million (£539m) for the year to December 31, 2020 compares to profits of $232.9m … Repsol Sinopec Resources UK Limited (formerly Talisman Sinopec Energy UK Limited) has exercised a further month of options. UK Health & Safety Executive says unlit flare put workers at risk, as Valaris issued with improvement notice. Read the latest Sinopec headlines, on NewsNow: the one-stop shop for Sinopec news. 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. The new contract term will run until 31 December 2024; thereafter Repsol Sinopec may take out further 1 year extensions at their discretion. First oil has begun flowing from Repsol Sinopec’s Shaw field in the North Sea offshore UK. During that time, he also served (2017-2020) as a member of the joint venture executive committee, supporting the recent transformation of the business. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. Aberdeen. Repsol enters the U.S. renewables market with the purchase of 40% of project developer Hecate Energy. 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 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.. The … Company profile page for Repsol Sinopec Resources UK Ltd including stock price, company news, press releases, executives, board members, and contact information 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. Repsol, Axens, and IFPEN develop a new process to boost circular materials production. Adis is an experienced news reporter with a backgroud in finance, media and education. Repsol Sinopec will have further options to extend the charter. CGC buys Sinopec assets in Argentina to increase its oil output S&P Global Platts 20:33 Argentina China Oil & Gas. Tuesday, 16th February 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”. The FPSO is located in UKCS Block 13/28a on the Blake and Ross Fields, 72 miles north east of Aberdeen, since 1999. Repsol Sinopec eyeing new subsea development in UK North Sea. Jul 2010 - Sep 20177 years 3 months. Latest News Exclusive Regions ... Repsol Sinopec extends charter on North Sea FPSO ... manufacture and commission the new self-propelled trains, while Repsol … OBO Project Manager looking after Maersk Oil's interest in the Golden Eagle Area Development. 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. ... Repsol Sinopec extends lease for North Sea FPSO Offshore Energy 04:07 28-Jun-21. Repsol Sinopec has encountered oil in its fourth probe in the BM-C-33 licence in the Campos basin, offshore Brazil. 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. Repsol sells its Exploration and Production assets in Malaysia and in Block 46 CN in Vietnam. Watching the business news first thing is a new … Business & Finance. Glassdoor gives you an inside look at what it's like to work at Repsol Sinopec Resources, including salaries, reviews, office photos, and more. 343 Views. Repsol Sinopec hit with 'fire and explosion risk' notice off UK. The BM-C-33 block was acquired by Repsol Sinopec Brasil at the auction held by Brazil’s National Petroleum Agency (ANP) in 2005. Apr 01, 2020. Latest News. Repsol Sinopec Resources UK Limited revealed Wednesday that Jose Luis Munoz has taken up the position of chief executive officer at the company. Dunnett, who succeeds Les Thomas, is a chartered engineer with more than 35 years of experience in the oil and gas industry. Repsol Sinopec Brazil has an 11.9% share in the consortium and Petrobras, which is the operator, holds the remaining 88.1%. Repsol Sinopec Resources UK Limited (formerly Talisman Sinopec Energy UK Limited) has exercised a further four weeks of options. ... bringing you key news and insight from across the global energy landscape. 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 … [...] Rating: 1 out of 5 stars Rate up / Rate down It is operator for the Gyda, Blane, Yme and Rev fields and has ownership interests in several others. Training and professional development. Know more. Repsol says no employee illegally or unethically engaged information services. Under the terms of its current agreement, Petrofac will provide operations and maintenance support across six additional Repsol Sinopec assets. 5/9/2017. Sinopec, together with its subsidiary, Addax Petroleum UK, has served the arbitration notice to Repsol’s subsidiaries Talisman Energy and Talisman Colombia. Politics. Norwegian exploration player turning into full-cycle E&P as Repsol exits Brage. 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. Jul 05, 2021 (Heraldkeepers) -- The EVA Resin market report provides a … ... Repsol Sinopec evacuates workers after Covid outbreak on North Sea platform ... July 28, 2021. 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. Albacora This was Repsol Sinopec’s first field in Brazil. Update: Ithaca Energy appoints former Repsol Sinopec boss as new CEO. Know more. 01 June 2021. The leading global oil, gas and energy news resource. REPSOL S A : Delivers Carbon Offset Credit in Compensation for LNG Emissions. 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. Argentine producer to acquire Sinopec assets: press Natural Gas World 19:25 Argentina China Oil & Gas. Respol Sinopec Resources UK (RSRUK) has become the latest North Sea operator to announce it is reviewing 3/3 offshore rotas. "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. Sign up. ... Repsol Sinopec slammed by HSE after gas leak and shutdown of Piper Bravo platform Energy Voice 12:33 23-Jun-21. The Bleo Holm FPSO is owned by Bluewater and operated by Repsol Sinopec. Oil and gas company Repsol Sinopec Resources has awarded an extension of the bareboat charter to the Bluewater-owned FPSO Bleo Holm. Repsol Sinopec said Dunnett…. 01 June 2021. Shaw is a part of the Montrose Area Redevelopment (MAR), a project which boosts the long term Montrose Area infrastructure. The new contract term will run until 31st December 2024, thereafter Repsol Sinopec may take out further 1 year extensions at their discretion. The leading global oil, gas and energy news resource. By Allister Thomas 17/08/2018, 7:35 am Updated: 17/08/2018, 7:37 am According to Statoil, Gavea A1 encountered a hydrocarbon column of 175 meters in a good-quality reservoir of silicified […] Repsol’s energy transition plan to major on renewables and green hydrogen. The project includes the development of three new fields – Godwin, Cayley and Shaw – and a new bridge-linked production platform […] Les has a Bsc (1st class hons) in Civil Engineering and a Masters degree in Petroleum Engineering, both from Heriot Watt University in Edinburgh. Recent news articles on Rigzone about Repsol . 03/12. ... Repsol Sinopec extends lease for North Sea FPSO Offshore Energy 09:07 28-Jun-21. Repsol Sinopec Brazil has a 25% stake in the exploration consortium with Petrobras (45% and operator) and BG Group (30%). 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. The main reason for abandonment was the combination of high cost and low oil prices. 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. 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. Munoz … Equality and diversity. Repsol Sinopec Resources UK took losses of nearly three quarters of a billion dollars during an “extraordinary” and “challenging” 2020. Tuesday, 16th February 2021. Final investment decision due in 2021 on infill project involving four new wells. 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 new BLP will be connected to the Montrose Alpha platform to provide additional process and plant support facilities. 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. ABERDEEN -- First oil has begun to flow from the … Covering the latest oil and gas news including shale, lng, drilling, exploration and production. 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 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. Work-life balance and flexibility. Email. 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. Arbitration proceedings were launched in 2015 by Sinopec … New … Repsol produces about 30,000 barrels of oil equivalents per day from fields in the Norwegian shelf. 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. Related News /// Gardner … 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 … #offshore #UK #NorthSea. The FPSO is located in UKCS Block 13/28a on the Blake and Ross Fields, 72 miles north east of Aberdeen, since 1999. 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. Muñoz replaces Bill Dunnett, who had been in the CEO since 2015. 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. 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. Repsol Sinopec Increases Petrofac's North Sea Workload. Politics. Maersk Oil. The MarketWatch News Department was not involved in the creation of this content. 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. Operator Repsol Sinopec Resources UK confirmed that a “small number of workers” had tested positive for Covid-19 on the installation, which lies … More most relevant news. 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. ... Latest News. 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. Repsol Sinopec Resources UK Limited is an oil and gas exploration and production company operating in the North Sea. All news about REPSOL S.A. 08:49a. This is the Repsol Sinopec Resources company profile. Current licensees were awarded the rights to block 9/2 and 9/5 (production license 316/316B) 18 June 2004. Thank … José Luis Muñoz, Repsol Sinopec CEO said: "I am very pleased that this contract has been extended. 19 Apr '19 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). Updated: Ithaca Energy appoints former Repsol Sinopec boss as new CEO. Together, the group offers decades of subsea and topsides engineering, project management and operating expertise to create an all-encompassing offering, from … Repsol Sinopec Resources UK Names New CEO. 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. Business & Finance. The Bleo Holm FPSO is owned by Bluewater and operated by Repsol Sinopec. 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. 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. Repsol Sinopec extends North Sea FPSO charter with Bluewater Splash 24/7 07:49 Repsol YPF European Oil & Gas Energy News. 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. The Bleo Holm FPSO is owned by Bluewater and operated by Repsol Sinopec. Repsol Sinopec confirms first oil from Montrose Area redevelopment, North Sea. The FPSO Bleo Holm is owned by Bluewater and operated by Repsol Sinopec.. 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 … MT. Repsol Sinopec will provide access to its facilities under the industry-led infrastructure code of practice. It is … Project Manager. Petrofac, Repsol, Technip Form Industry Alliance to Maximize North Sea Reserves. What we look for. The Bleo Holm FPSO is located in UKCS Block 13/28a on the Blake and Ross Fields, 72 miles northeast of Aberdeen, since 1999. 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. Spanish oil company Repsol has been served a $5.5 billion arbitration notice by China’s Sinopec. Repsol Sinopec said Dunnett was stepping down "as planned following the end of his contract on March 31st." The find in Gávea is the most significant made in the pre-salt area of the Campos Basin. June 28, 2011. 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 Brasil, ... 2020 Stena Drilling has signed a new contract with Repsol and others to provide a … Posts about Repsol Sinopec written by theorkneynews. To be updated with all the latest news, offers and special announcements. We invite submissions on any topic relevant to the people of Orkney. ... 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. 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. 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 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. 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. Repsol Announces Major Oil Discovery at Gavea Well, Offshore Brazil. The Bleo Holm FPSO is owned by Bluewater and operated by Repsol Sinopec. Read the latest Sinopec headlines, on NewsNow: the one-stop shop for Sinopec news. 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. 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. 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. The pre-tax deficit of $745.4million (£539m) for the year to December 31, 2020 compares to profits of $232.9m … Petrofac, Repsol, Technip Form Industry Alliance to Maximize North Sea Reserves. REPSOL S A : Prices $895.3 Million Of Bonds. 15 Feb '21 Repsol Sinopec CEO José Luis appointed to OGUK Board 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. All content is posted anonymously by employees working at Repsol Sinopec Resources. ... Repsol Sinopec Brasil, ... 2020 Stena Drilling has signed a new contract with Repsol and others to provide a … Benefits of working at Repsol. Repsol Sinopec to Tie-In Tain to Bleo Holm FPSO. In the last 7 days. 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. 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. 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. 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. Repsol Sinopec Resources UK took losses of nearly three quarters of a billion dollars during an “extraordinary” and “challenging” 2020. The Tain field is located in Block 13/23b. MT. June 17, 2021, by Nermina Kulovic. Project Manager for the Flyndre/Cawdor Development responsible for driving the Project safely and efficiently from Define, through Execute and on to Operate. The field was in production from 1996 to 2001. Spanish oil giant to spend $746m on low carbon projects this year and over $1.8bn on upstream oil. According to a statement by Repsol, Sinopec and Addax are demanding a payback of around $5.5 billion for their […] 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 Repsol Sinopec will provide access to its facilities under the industry-led infrastructure code of practice. Dunnett, who succeeds Les Thomas, is a chartered engineer with more than 35 years of experience in the oil and gas industry. This has been found in favour of Addax and Sinopec in their litigation against Talisman Energy (currently “ROGCI”) and Talisman Colombia Holdco Limited. 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. 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 … 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. Oil firm Repsol Sinopec Resources UK (RSRUK) has confirmed that it will reduce the number of contractors employed on its North Sea platforms. Repsol Sinopec Resources, together with its JV partner RockRose Energy, has awarded an extension of the bareboat #charter to a Bluewater-owned #FPSO. News resource low carbon projects this repsol sinopec latest news and over $ 1.8bn on upstream oil,. Bareboat charter to the Montrose Alpha platform to provide additional process and plant facilities! 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