Norway is home to the largest hydrocarbon reserves in Western Europe. The Scandinavian nation is the world’s third-largest exporter of oil and the energy sector makes up 25% of its total GDP. Norway also has other energy resources such as hydropower and natural gas. All of this makes it a country that offers plenty of room to grow and develop our projects in the exploration and production areas. To the north it is bordered by the Barents Sea, to the northeast by Russia and Finland, to the east by Sweden, to the south by the Skagerrak strait, and to the west by the Atlantic Ocean.
We arrived in Norway in 2003, to develop our exploration and production activity in the country through our subsidiary Repsol Norge AS, establishing our headquarters in Stavanger. With the acquisition of Talisman Energy in 2015, we managed to expand our presence in the Norwegian territory.
Main figures, lines of action, and facilities map
Our operations
Upstream
Repsol operates the Blane, Gyda, Rev, and Yme fields. We also hold a stake in a number of non-operated fields with associated production facilities and intrafield pipelines including Gudrun, Brage, Veslefrikk, Visund, Mikkel, Huldra, and Tambar East.
Main project
Oil is achieved for the first time at Yme
Repsol and its partners have achieved first oil from the YME field in the Egersund Basin, approximately 130 km from the Norwegian coastline. Achievement of first oil is a true testament to the lean operations of the Yme New Development project, made possible through the use of new technology and innovation, building a profitable project even when faced with the unprecedent challenges during the COVID-19 pandemic.
Contact
Repsol Norge AS
Address: Verven 4
4014 Stavanger
Norway
Tel: +47 52 00 20 00
Email: RNAS@repsol.com
Last updated: December 2022
