Repsol again liable in multibillion North Sea oil venture dispute

Apr 29, 2021 · Repsol has for a second time been held liable in a US$5.5 billion SIAC claim lodged by China’s Sinopec group over the purchase of a stake in a North Sea oil venture, …

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Repsol Again Liable In Multibillion North Sea Oil Venture Dispute

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Apr 29, 2021 · Repsol has for a second time been held liable in a US$5.5 billion SIAC claim lodged by China’s Sinopec group over the purchase of a stake in a North Sea oil venture, …

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Repsol Settles Multibillion Fraud Dispute With Sinopec

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May 2, 2023 · Repsol says it has agreed a deal with China’s Sinopec to settle a long-running SIAC arbitration worth US$5.5 billion over the sale of a North Sea oil and gas venture – …

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Repsol To Buy Rest Of North Sea JV, Settling Dispute With Sinopec

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Apr 28, 2023 · Spain's Repsol has reached an agreement with Chinese energy conglomerate Sinopec to buy the 49% of a joint venture in the North Sea it does not already own, it said on …

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Organisation: Repsol - Global Arbitration Review

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Feb 17, 2020 · Repsol again liable in multibillion North Sea oil venture dispute. Repsol has for a second time been held liable in a US$5.5 billion SIAC claim lodged by China’s Sinopec group …

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Repsol Settles Sinopec Dispute With $1.1B Buyout Of North Sea JV

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Apr 28, 2023 · Repsol (REPYF) (REPYY) reached an agreement with China's Sinopec to buy the 49% stake in a North Sea oil and gas joint venture it does not already own, settling a …

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Sinopec Advised By HSF In Resolving 8-year Oil Dispute With Repsol

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May 2, 2023 · An eight-year dispute between subsidiaries of Sinopec and Repsol S.A. over North Sea oil and gas assets has been settled through a US$2.1 billion transaction whereby Repsol …

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Repsol To Acquire Rest Of North Sea JV, Settling Dispute With Sinopec

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Apr 30, 2023 · Spain’s Repsol has reached an agreement with Chinese energy conglomerate Sinopec to buy the 49% of a joint venture in the North Sea it does not already own, it said on …

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North Sea Energy Firm Repsol Handed £160,000 Flaring Fine

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Dec 13, 2023 · Repsol was handed a £160,000 penalty after releasing 73 tonnes of gas without permission from three oil platforms. The North Sea Transition Authority (NSTA) announced the …

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North Sea Energy Firm Repsol Handed £160,000 Flaring Fine - BBC

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Dec 13, 2023 · Repsol was handed a £160,000 penalty after releasing 73 tonnes of gas without permission from three oil platforms. The North Sea Transition Authority (NSTA) announced the …

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FAQs about Repsol again liable in multibillion North Sea oil venture dispute Coupon?

Does Repsol own a North Sea oil and gas joint venture?

Repsol ( OTCQX:REPYF) ( OTCQX:REPYY) said Friday it reached an agreement with China's Sinopec to buy the 49% stake in a North Sea oil and gas joint venture it does not already own, settling a long-running arbitration between them. ...

Why did Repsol agree to a deal with Sinopec?

Repsol says it has agreed a deal with China’s Sinopec to settle a long-running SIAC arbitration worth US$5.5 billion over the sale of a North Sea oil and gas venture – following partial awards in which the Spanish company was found liable for fraud. ...

Did Sinopec buy Repsol's North Sea oil & gas venture?

Sinopec purchased a stake in Repsol's North Sea oil and gas venture (Credit: Shutterstock/Dabarti CGI) ...

Did Repsol release 73 tonnes of gas without permission?

Repsol was handed a £160,000 penalty after releasing 73 tonnes of gas without permission from three oil platforms. The North Sea Transition Authority (NSTA) announced the sanction as part of a crackdown of flaring and venting. The company admitted offences at the Auk North, Halley and Fulmar fields last year. ...

Will Repsol's Sinopec deal affect earnings?

The transaction will have "no significant impact on earnings", Repsol added, as it had already made a provision in its accounts for the arbitration in 2020. The joint venture for North Sea oil and gas fields off the British coast, known as Repsol Sinopec Resources UK Ltd, has been at the centre of a dispute between the oil giants since 2015. ...

Why was Repsol fined £160,000?

An energy firm has received the largest ever fine by the North Sea regulator for breaching offshore emissions rules. Repsol was handed a £160,000 penalty after releasing 73 tonnes of gas without permission from three oil platforms. The North Sea Transition Authority (NSTA) announced the sanction as part of a crackdown of flaring and venting. ...