EIG Global Energy Partners has added Spanish oil major Repsol SA as a client for shipping crude overseas from its port facilities in southeast Brazil. Repsol has agreed to use Porto do Acu for oil ...
RIO DE JANEIRO (Reuters) - Spanish oil group Repsol may tap the stock market with its Brazilian unit to help finance an expected $10 billion plus in oil exploration in Brazil in the next decade, its ...
The Madrid-based company’s joint venture with China Petrochemical Corporation, known as Sinopec, found signs of oil in 2.789 metres of water at the BM-C-33 exploration block in Brazil’s Campos Basin, ...
Any so-called private placement should be reached by early September, before Repsol concludes the details of the share sale, said the people, who declined to be identified because the talks are not ...
Japanese FPSO supplier MODEC has won a contract with Equinor to supply an FPSO vessel for the BM-C-33 block of the Campos Basin offshore Brazil. The order comes just days after Equinor and its ...
Oct 1 (Reuters) - China's Sinopec Group <0386.HK> agreed on Friday to buy 40 percent of Repsol Brasil, a unit of Spain's largest oil company Repsol , for $7.1 billion, seeking a piece of the promising ...
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Repsol explores reverse merger for upstream unit with US partners
In 2022, Repsol agreed to sell a 25% stake in its upstream unit to EIG in a transaction that valued the division at $19bn (€16.36bn) including debt.
Repsol S.A., a Spanish oil & gas company, is undervalued and offers a significant upside with a current P/E of 4.1x, compared to its usual 7-10x P/E. The company is a vertically integrated energy ...
Repsol's net income in Q3 2023 grew to $1.44 billion, a 33% improvement over Q2, driven by higher oil and gas prices. Repsol stock has gained almost 32% in the past 30 months, outperforming the S&P ...
MODEC, Inc., Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. (MOL) and Marubeni Corporation have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted by ...
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