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Plant(s): View 5 related plants in PECWeb
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Researched by Industrial Info Resources (Sugar Land, Texas)--Repsol S.A. (Madrid, Spain) is continuing to assert itself in the ever-competitive global oil and gas markets, with its planned sale of 95,000 acres of fossil fuel-filled land in Alberta. The multinational energy and petrochemical company announced it is striking the deal with Teine Energy, which is owned by the Canada Pension Plan Investments Board, for about US$305 million, sources familiar with the plan told Reuters. Industrial Info is tracking US$8.7 billion in global projects from Repsol, including about US$3.2 billion worth in the U.S. and Canada.
The massive sale of its Canadian assets, which include 1,120 miles of pipelines, frees up cash for Repsol to invest in high-value areas for exploration and production (E&P), such as the Eagle Ford Shale, according to Reuters. Industrial Info is tracking progress at nine oil and gas-related facilities across Canada presently owned by Repsol. Subscribers to Industrial Info's Global Market Intelligence (GMI) Plant Database can click here for a list of related plant profiles.
Click on the image at right for a graph detailing Repsol's active projects in the U.S. and Canada, by project type.
Repsol already is at work on a series of projects related to its Leon and Castile discoveries in the deepwater Gulf of Mexico. Developed in conjunction with LLOG Exploration Company LLC (Covington, Louisiana) and Beacon Offshore Energy LLC (Houston, Texas), following Repsol's discovery of the two fields in 2014, the development will be operated by LLOG and is expected to see its first production by mid-2025.
Earlier this spring, Repsol and LLOG announced their development of the $200 million Salamanca production facility in Keathley Canyon Block 689, which comprises a floating production unit (FPU) that will be built from a previously decommissioned production facility. The platform is designed to produce up to 60,000 barrels per day (BBL/d) of oil and 40 million standard cubic feet per day of gas. Subscribers can learn more from Industrial Info's project report.
Other major aspects of the Leon and Castile development, also set to wrap up by mid-2025, include:
Repsol's efforts in the renewable energy market include the two-phase Coeymans Solar Farm near Ravena, New York. Each phase will utilize photovoltaic (PV) modules and associated facilities to generate 20 megawatts (MW). Hecate Energy LLC (Chicago, Illinois), which owns and is leading the development, selected Repsol to perform engineering, procurement and construction (EPC) services. Subscribers can learn more from Industrial Info's reports on Phase I and Phase II.
Repsol also is performing EPC services for a battery-storage unit addition at the Jicarilla Apache Reservation's solar plant in Dulce, New Mexico. The project, which began construction in May, is expected to add a 20-MW lithium-ion battery energy-storage system (BESS) to the 50-MW Jicarilla Apache PV Solar Plant, which was completed in March. Construction of the BESS is expected to wrap up toward the end of the year. Subscribers can learn more from Industrial Info's detailed reports on the battery-storage unit and completed solar plant.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active projects involving Repsol in the U.S. and Canada.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
The massive sale of its Canadian assets, which include 1,120 miles of pipelines, frees up cash for Repsol to invest in high-value areas for exploration and production (E&P), such as the Eagle Ford Shale, according to Reuters. Industrial Info is tracking progress at nine oil and gas-related facilities across Canada presently owned by Repsol. Subscribers to Industrial Info's Global Market Intelligence (GMI) Plant Database can click here for a list of related plant profiles.
Click on the image at right for a graph detailing Repsol's active projects in the U.S. and Canada, by project type.Repsol already is at work on a series of projects related to its Leon and Castile discoveries in the deepwater Gulf of Mexico. Developed in conjunction with LLOG Exploration Company LLC (Covington, Louisiana) and Beacon Offshore Energy LLC (Houston, Texas), following Repsol's discovery of the two fields in 2014, the development will be operated by LLOG and is expected to see its first production by mid-2025.
Earlier this spring, Repsol and LLOG announced their development of the $200 million Salamanca production facility in Keathley Canyon Block 689, which comprises a floating production unit (FPU) that will be built from a previously decommissioned production facility. The platform is designed to produce up to 60,000 barrels per day (BBL/d) of oil and 40 million standard cubic feet per day of gas. Subscribers can learn more from Industrial Info's project report.
Other major aspects of the Leon and Castile development, also set to wrap up by mid-2025, include:
- Subsea pipelines and umbilicals for Leon and Castile; see project report
- Subsea infrastructure for Leon; see project report
- Production drilling for Leon; see project report
- Subsea infrastructure for Castile; see project report
- Production drilling for Castile; see project report
Repsol's efforts in the renewable energy market include the two-phase Coeymans Solar Farm near Ravena, New York. Each phase will utilize photovoltaic (PV) modules and associated facilities to generate 20 megawatts (MW). Hecate Energy LLC (Chicago, Illinois), which owns and is leading the development, selected Repsol to perform engineering, procurement and construction (EPC) services. Subscribers can learn more from Industrial Info's reports on Phase I and Phase II.
Repsol also is performing EPC services for a battery-storage unit addition at the Jicarilla Apache Reservation's solar plant in Dulce, New Mexico. The project, which began construction in May, is expected to add a 20-MW lithium-ion battery energy-storage system (BESS) to the 50-MW Jicarilla Apache PV Solar Plant, which was completed in March. Construction of the BESS is expected to wrap up toward the end of the year. Subscribers can learn more from Industrial Info's detailed reports on the battery-storage unit and completed solar plant.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active projects involving Repsol in the U.S. and Canada.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
