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Santos

Companies, Ibex, World economy 12th November 2022

Repsol boosts natural gas production, strengthens its position in US

Link Securities | Repsol has strengthened its offensive in the US to boost its natural gas output. According to sources consulted by el Economista.es, the group has reached an agreement with Australia’s Santos-Oil Search to take a 49% stake in a total of 46 exploration blocks in Alaska. At the same time, the Spanish oil and gas company has acquired a mining area from Abarta in the Marcellus basin and…

Companies, Ibex, Spanish economy 18th August 2022

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…