Good news for Repsol: off Spain
Repsol hits double delight
Spanish oil giant Repsol has made two new oil discoveries off the northern coast of Spain with a potential production of 8000 barrels per day, four times the group's Spanish production, a spokesman said.
"Repsol's made a couple of discoveries in Tarragona," the Repsol spokesman said yesterday.
Repsol currently produces around 2000 barrels of crude per day in Spain, Reuters quoted him as saying.