Tag: Repsol

Brazilian pre-salt discovery volumes upgraded

Statoil and operator Repsol Sinopec in partnership with Petrobras have confirmed the significant potential of BM-C-33 pre-salt block in the Campos basin offshore Brazil. Including the Seat, Gávea and Pão de Açúcar discoveries, the estimated resources of the block amount to over 700 million barrels of light crude and 3 trillion cubic feet of gas.

Statoil and partners to explore offshore Newfoundl

Chevron Canada and Repsol E&P Canada partnering with Statoil have successfully bid for exploration rights on two land parcels in the Flemish Pass Basin, offshore Newfoundland and Labrador, Canada. Statoil already has a presence in the area, at its Mizzen discovery in the Flemish Bass Basin east of the new parcels.