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The record exploration campaign continues with 13 discoveries reported in 2009

Repsol posts net income of 889 million euros in the first half of 2009

Press Release 30/07/2009 15:30
  • In line with the rest of the industry, net income fell 58% due to the sharp decline in international oil (53%) and gas prices (56%) and refining margins (63%.)
  • During the first half of the year, Repsol made a record number of oil and gas discoveries (13) in Libya, Brazil, Algeria and the Gulf of México, all of which are key strategic growth areas.
  • The finds in Buckskin (US) and Iguazu (Brazil) are amongst the ten biggest discoveries made worldwide in 2009.
  • Production started at the Shenzi field in the deepwater Gulf of Mexico (United States).
  • Solid financial position and 6.1 billion euros in available credit lines.

30 July 2009 - 00:00 CEST | PDF | 194.33 KB