Repsol Discusses Merging UK North Sea Business With NEO Energy

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 20 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 68%

Repsol Nouvelles

United Kingdom,NEO,Energy

Repsol has been in discussions to merge its UK North Sea operations with NEO Energy in what could be another consolidation offshore the UK.

Repsol has been in discussions to merge its UK North Sea operations with NEO Energy in what could be another consolidation offshore the UK, where operators struggle with a high windfall tax. The Spanish energy major has been holding extensive talks with private equity-backed NEO Energy and could announce a deal in the coming weeks, anonymous industry sources told Reuters on Friday.

Repsol, for its part, holds interests in 48 fields in the UKCS, of which it operates 38, with 11 offshore installations – ten fixed and one floating – and two onshore terminals - at Flotta in Orkney and at Nigg in the Cromarty Firth. A Repsol-NEO deal, if it goes through, would follow the combination of substantially all of Eni’s UK upstream operations with Ithaca Energy in April.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 34. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Labour's North Sea oil and gas policy under attack from industry and activistsThe UK's biggest union and a financial supporter of Labour on Thursday staged a protest and published an open letter, urging a rethink on the oil and gas exploration ban, signed by nearly 200 local firms from Scottish towns dependent on the oil and gas industry.
La source: SkyNews - 🏆 35. / 67 Lire la suite »