In late-2018 integrated Spanish oil firm Repsol was bullish on the prospects for its Southeast Illizi block on Algeria’s border with Libya. Having drilled nine successful wells over 2012-15, the time had finally come to move the project forward.
“It will be our target to… take a potential FID in Sureste Illizi in Algeria in 2019,” Repsol CEO Josu Jon Imaz told his firm’s 3Q 2018 earnings call, using the Spanish word for southeast (MEES, 9 November 2018). (CONTINUED - 827 WORDS)