Repsol invests $60 million to end the oil era in Tarragona

The company finalizes the decommissioning of the Casablanca platform, Spain's last active oil field.

Generic image of a semi-submersible oil rig at sea.
IA

Generic image of a semi-submersible oil rig at sea.

Energy giant Repsol has committed 60 million dollars to the final decommissioning of the Casablanca platform, located off the coast of Tarragona, marking the end of oil extraction in Spain.

The project involves sealing eight subsea wells that were part of the country's last operational oil field. While the main platform structure is expected to be cleared by March 2025, the complex underwater operations will begin later this year and continue through 2027.
Repsol has partnered with Dolphin Drilling to utilize the semi-submersible rig Borgland Dolphin for these tasks. This specialized vessel, currently stationed in Las Palmas, will manage the permanent abandonment of wells including Casablanca-11 and Montanazo D-5.

"The contract covers a scope of seven firm wells and has a minimum duration of 220 days, with an option to extend to three more wells."

Repsol · Management Report
The Casablanca field, active since 1981 near the Ebro Delta, once produced 2,000 barrels a day. Its closure signifies a major milestone in the regional energy transition and the conclusion of a 60-year history of crude oil production in the country.