Repsol teams up with Santos to invest €2.555 bn in Alaska
Renta 4 | . Repsol and Australian oil and gas company Santos will invest 2.555 billion euros in the Pikka project in North Slope Alaska. This field is biggest discovery of oil in the US in thirty years. The Spanish firm’s board has given the green light to the investment, which could increase to 2.952 billion with additional developments on the project. Repsol will have 49% and Santos 51% of Pikka. Each…