BREAKING NEWS: Spain’s Last Oil Drilling Platform To Cease Production

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Spain’s Last Oil Drilling Platform To Cease Production.

Repsol has announced it will cease production at it’s oil platform, 44 kilometers off the Tarragona coast, it is the last oil drilling site in Spain to close.

The company blames the dramatic fall in quantity produced at the ‘Casablanca’ offshore drilling rig after four decades in operation. In operation since 1978, the facility has a permit to continue working until 2028.

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No details have been offered yet regards the number of people to lose their jobs or what effect the closure will have on the Spanish economy.

Related:

On August 28, 2020, Repsol said it would invest €32 million in creating Spain’s first plant able to produce high-impact resistance polymers.


The company indicated the plant would be based in an existing factory in Tarragona and because of its lightness yet strength upon impact the product is very useful in the automotive industry for bumpers and door panels- it is not known if this project will be affected by the news of the plant closure.

More to follow on this breaking news story.


 


The Euro Weekly News is running a campaign to help reunite Brits in Spain with their family and friends by capping the costs of PCR tests for travel. Please help us urge the government to cap costs at http://www.euroweeklynews.com/2021/04/16/ewn-champions-the-rights-of-brits-in-spain-to-see-loved-ones-again/

 

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Ron actually started his working career as an Ophthalmic Technician- things changed when, during a band rehearsal, his amplifier blew up and he couldn’t get it fixed so he took a course at Birmingham University and ended up doing a degree course. He built up a chain of electronics stores and sold them as a franchise over 35 years ago. After five years touring the world Ron decided to move to Spain with his wife and son, a place they had visited over the years, and only bought the villa they live in because it has a guitar-shaped swimming pool!. Playing the guitar since the age of 7, he can often be seen, (and heard!) at beach bars and clubs along the length of the coast. He has always been interested in the news and constantly thrives to present his articles in an interesting and engaging way.

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