The contract includes the construction of an LPG extraction unit, the drilling of twelve oil wells, and one water injection well among other projects
Repsol
Repsol targets net zero emissions by 2050
The company is setting a decarbonisation path with intermediate targets for 2020 to 2040
Top technology announcements from the Offshore Technology Conference
The Offshore Technology Conference in Houston, Texas, saw many companies announce the latest innovations in offshore capabilities
Saipem wins contracts in the Middle East and Norway worth more than $100mn
This include a three-year contract inked for operations in the Middle East
Repsol’s new partnership will develop modular robotics for oil well operations
Repsol Sinopec, Ouro Negro and PUC-Rio established the partnership, which will develop robotics tools for well integrity assessments and is expected to reduce costs and risks
Emerson and Repsol to form alliance on cloud-based exploration and development software
The alliance is expected to help energy producers execute digital transformation, achieve fastest first oil with leading subsurface technologies
Pipetech launches Active Caisson Management to drive efficiencies
Aberdeen based process system integrity specialist rolls out solution to boost production efficiency.
Repsol shareholders approve $5 billion settlement
Special meeting also sheds light on tensions with Mexico’s Pemex
Royal Dutch Shell completes Repsol LNG purchase
Shell purchasesd Repsol LNG business outside North America for $4.1bn