repsol

Spain’s Repsol has pulled out of a planned joint venture to develop two Arctic oil blocks with Russia’s Gazprom Neft and Royal Dutch Shell, a spokesman at Repsol said on Friday. Gazprom Neft, the oil arm of Russian gas giant Gazprom, Repsol and Shell signed a memorandum of understanding last …

Gazprom Neft and Repsol are developing a joint venture to conduct geological exploration at six license blocks in the Karabashsky zone of the Khanty-Mansi Autonomous Okrug. The joint venture will be established through Karabashsky-6 LLC, owned by Gazprom Neft, which holds geological prospecting licenses to six blocks in the south—west of the Khanty-Mansi Autonomous Okrug. Repsol will acquire a 50.1-percent share in the company’s …

Gazprom Neft, Repsol and Shell have signed a memorandum of understanding at this year’s St Petersburg International Economic Forum on establishing a joint venture to develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, Tomás García Blanco, E&P Executive Managing Director, Repsol, and Cederic Cremers, …

Today, Novatek Gas&Power Asia, a trading subsidiary of PAO NOVATEK (“NOVATEK” and/or the “Company”) announced at the International Conference & Exhibition on Liquefied Natural Gas in Shanghai, that it has signed a non-binding Heads of Agreement for the supply of LNG with Repsol. The Heads of Agreement envisages concluding a …

Gazprom Neft and Repsol have established a joint venture to undertake geological exploration in the Karabashsky zone of the Khanty-Mansi Autonomous Okrug-Yugra. The partners have jointly acquired a 100-percent interest in ASB Geo LLC, which holds the exploration license for the Karabashsky 10 block in the Khanty-Mansi Autonomous Okrug. Pursuant to the Shareholders’ Agreement, the company is to be managed on a partnership basis. The …

Gazprom Neft has signed an agreement on technological cooperation with Spain’s Repsol in the course of St. Petersburg International Economic Forum. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and Luis Cabra, Upstream Executive Managing Director, Repsol. The agreement involves co-operation in research and development of new technologies in oil and gas exploration and …

Gazprom Neft has been confirmed as the winner of Rosnedra subsoil licensing rounds for six blocks in the Karabashsky exploration zone, located in the Khanty-Mansi Autonomous Okrug. The company has a presence in this region through Evrotek-Yugra, its joint venture with Spain’s Repsol, which holds subsoil usage rights to two …

PAO NOVATEK announced today the acquisition of AO South-Khadyryakhinskoye and AO Eurotek from AR Oil&Gas B.V., joint venture of AO Neftegazholding and Repsol S.A. AO South-Khadyryakhinskoye holds the hydrocarbon exploration and production license for the South-Khadyryakhinskiy license area located in close proximity to infrastructure of the North-Khancheyskoye field developed by …

Gazprom Neft PJSC has acquired a 25.02 per cent stake (with the right to increase this to 50 per cent) in Evrotek-Yugra. Evrotek-Yugra, owned by Spain’s Repsol, holds exploration and production rights to seven license blocks in the Khanty-Mansiysk Autonomous Okrug. This joint enterprise will continue geological prospecting works in …

These transactions increase the number of Statoil’s operatorships in priority areas, providing greater control of asset development and costs through shared efficiencies. – Statoil farms down to Repsol a 15% interest in the Gudrun field on the Norwegian Continental Shelf. Statoil remains the operator and largest equity holder with a …