Repsol in Norway

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

Main project

Yme rig in Norway

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.

Repsol Norge AS
Address: Verven 4
4014 Stavanger
Tel: +47 52 00 20 00

Last updated: December 2021