Repsol Resources UK is an oil and gas exploration and production company operating in the North Sea.
Our assets include producing oil fields, major new developments and a number of assets that have ceased production or are approaching decommissioning.
We have interests in 48 fields, of which we operate 38, on the UK Continental Shelf with 11 offshore installations (ten fixed and one floating) and two onshore terminals – at Flotta in Orkney and at Nigg in the Cromarty Firth.
Repsol Resources is part of global multi-energy company, Repsol. Repsol is a global multi-energy company that is leading the energy transition with its ambition of achieving zero net emissions by 2050. Present throughout the energy value chain, the company employs 24,000 people worldwide and distributes its products in more than 90 countries to around 24 million customers.
Its customer-focused product and services portfolio is capable of meeting all consumer energy needs. It leads the development of sustainable mobility solutions with increasingly efficient fuels, biofuels, Autogas, natural gas for vehicles, and electric vehicle charging solutions. Repsol is also a major player in the power and gas market, with 1.5 million customers in Spain, and more than 1,800 MW of total installed capacity of renewable generation.
Repsol produces an average of 550,000 barrels of oil equivalent per day and boasts one of Europe’s most efficient refining systems. The company is transforming its seven industrial complexes in Spain, Portugal, and Peru into multi-energy hubs through state-of-the-art projects that will reduce their carbon footprint and will enable it to be a benchmark in the production of renewable hydrogen and renewable fuels by 2030.
To achieve zero net emissions by 2050, Repsol is deploying an integrated model of decarbonisation technologies based on enhanced efficiency, increased renewable power generation capacity, production of renewable fuels, development of new customer solutions, the circular economy, and by driving breakthrough projects to reduce the industry’s carbon footprint.