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Repsol Worldwide

Russia

Panoramic shot of a snowy scene in Russia
Our operations in Russia have focused on our Upstream business since 2010.
Russia exploration map Russia

*[MM Imagen] Icono Exploración   Exploration*[MM Imagen] Icono ProducciónProduction

 

Upstream

We hold the mineral rights to seven exploration blocks with a net surface area of 2,206 km2, in addition to 18 production/development blocks with a net surface area of 169 km2.
  • 25

    exploration and development blocks
  • Map icon

    2,375 km2

    of net surface area
 

In June, an agreement was reached for Repsol and the Russian company Gazprom Neft to jointly manage Eurotek Yugra, which owns seven licenses in Western Siberia. Both companies also signed a memorandum to strengthen their cooperation in the region and explore joint investments in the area near the Eurotek Yugra assets.

In Russia we operate through a joint venture (AR Oil and Gas B.V. or AROG) with the company Alliance, which merged with the company NNK in 2014. This joint venture enables the combination of Alliance's knowledge and access to exploration and production opportunities with Repsol's technical and financial capabilities, resulting in a long-term exploration and production alliance. The agreement also includes a joint search for new growth opportunities through the acquisition of oil and gas assets in Russia.

AROG, which is 51% owned by Alliance Oil / NNK and 49% owned by Repsol, was formed in late January 2013 after the inclusion of the assets Repsol acquired from Eurotek. These assets include two important gas fields: Syskonsyninskoye (SK), which began production at the end of February 2013, and Yuzhno-Khadyryakhinskoye (YK), which is in the final evaluation phase.

Lubricants

We have been producing and marketing in this country since 2015 through our partner Delfin Distribution.
Information as of December 31st, 2018.