Jose Luis Muñoz talks to Energy Voice on Repsol Sinopec Resources UK ramping up decommissioning, the challenges of “chronic underinvestment” in the sector, and the firm’s $1 billion near-term plan for North Sea projects.
Repsol Sinopec has said “organisational changes” are to be made at the Flotta oil terminal in Orkney as the firm explores energy transition opportunities.
A North Sea oil company managed to save £61 million in one year by improving communication between onshore and offshore teams to cut unplanned downtime.