Cosmo Oil, CEPSA to Pursue E&P Projects Together

Japan’s Cosmo Oil Co., Ltd.  and Compañía Española de Petróleos, S.A.U., Spanish integrated oil company, have signed a memorandum of agreement which will see them boost cooperation in the oil and gas exploration and production sector.

CEPSA: Director and Chief Executive Officer Pedro Miró Roig / COSMO: Representative Director and President Keizo Morikawa /

The companies will together work on obtaining new oil and gas concessions and reinforcing and promoting their exploration and production business.

 COSMO group is one of the biggest Japanese E&P operators in the Middle East and has much experience in offshore oil fields for almost half a century. On the other hand, CEPSA has E&P operatorship in North Africa and South America, and has recently expanded its business area by starting deep sea exploration in Brazil. Through jointly looking for business development under this partnership, the Parties will challenge opportunities which are not accessible by sole party.

The parties will create an E&P Working Group and a Strategy Working Group as driving forces to achieve the objectives of this MOA.

January 21, 2014

 

 

Share this article

Follow Offshore Energy Today

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Offshore Energy Exhibition and Conference (OEEC)

The three-day event features an exhibition where over 600 companies will showcase their products and services…

read more >

Argentina Oil and Gas Expo 2019

The Argentine Oil and Gas Institute (IAPG) organizes the Argentina Oil & Gas Expo bringing together the most…

read more >

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Africa Oil & Power 2019

The Africa Oil & Power conference will bring together an elite class of ministers and senior-level government…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply