Statoil, Repsol complete Norway, U.S. transactions

Statoil-Sleipner-field-photo-Norway-768x518Norway’s Statoil and Spain’s Repsol have completed two of the transactions announced on 11 December 2015.

Statoil has farmed 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 36% interest.

Statoil has acquired from Repsol a 13% interest in their Eagle Ford joint venture in the U.S. and has become its sole operator.

In addition, the application for Statoil to assume operatorship of the BM-C-33 licence in Brazil’s Campos basin has been submitted to the authorities for approval.

Statoil’s acquisition of a 31% equity share in the UK licence for Alfa Sentral remains pending Repsol partner approval.

Read more on the transactions here: https://bit.ly/1Olu2Em

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 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 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

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

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