Governance
Repsol Sinopec Resources UK Limited is a joint venture between Repsol and Sinopec. It arose from the acquisition, in 2015, by Repsol, of the global assets of the former Talisman Energy Inc, including its 51% equity interest in the joint venture, previously called Talisman Sinopec Energy UK.
In 2015 TEI (including its 51% shareholding in Talisman Sinopec Energy UK Limited) was acquired by Repsol SA and in January 2016 TEI was re-named Repsol Oil & Gas Canada Inc.
Timeline:
- In July 2012, Talisman Energy Inc. (TEI) announced that Sinopec had agreed to acquire a 49% equity interest in Talisman's UK North Sea business.
- Talisman Sinopec Energy UK Limited was created in December 2012 as a joint venture between Talisman Colombia Holdco Limited (TCHL) and Addax Petroleum UK Limited (APUK).
- In 2015 TEI (including its 51% shareholding in Talisman Sinopec Energy UK Limited) was acquired by Repsol SA and in January 2016 TEI was re-named Repsol Oil & Gas Canada Inc.
- Talisman Sinopec Energy UK Limited was re-named Repsol Sinopec Resources UK Limited in July 2016.
- Repsol Sinopec Resources UK Limited is owned by TCHL (51% shareholding) and APUK (49% shareholding). TCHL is a subsidiary of Repsol S.A., which is registered in Spain. APUK is ultimately owned by state owned entities of the People's Republic of China.
We have a Board and Executive Committee comprising representatives from both shareholders. The Executive Management Team, headed up by Jose Luis Muñoz, manages the day to day business operations, with the Board and Executive Committee having authority in respect of certain operational, corporate and strategic matters.
Board of Directors:
José Carlos de Vicente Bravo
Executive Director Europe, Africa, Asia, Venezuela and Brazil
Tomás García Blanco
Executive Managing Director Exploration & Production (Repsol)
Dale Moore
Addax Petroleum UK Limited Managing Director
Quanmin Zhao
Chief Engineer, Sinopec International Petroleum Exploration & Production Corporation
Les Thomas
Independent Director
José Carlos de Vicente Bravo
Executive Director Europe, Africa, Asia, Venezuela and Brazil
José Carlos has a degree in Geological Science (Universidad del Pais Vasco) and an Executive MBA from IESE (Universidad de Navarra), Madrid.
José Carlos de Vicente joined Repsol in 1997, as Exploration Team Leader in the Spanish Business Unit and led the Exploration of the Mediterranean area. From 1999 to 2005 he led the Regional Studies Division worldwide. He then moved to the Houston office as Exploration Manager for North America. In 2008 José Carlos was appointed Director of E&P Business Development and became member of the Upstream Executive Committee.
In 2013 he was appointed Executive Regional Director of the Caribbean Region, encompassing Colombia Venezuela and Trinidad & Tobago. Since mid-2015 he was appointed Corporate Director M&A, based in Madrid. His current position, is Regional Executive Director Europe, Africa & Brazil.
José Carlos has extensive experience in the international E&P business through his responsibilities in several positions both technical and managerial and has been involved in more than 20 relevant transactions worldwide, including asset disposal and acquisition, exploration acreage capture and JV´s with several E&P companies.
Tomás García Blanco
Executive Managing Director Exploration & Production (Repsol)
Manuel Tomás García Blanco was born in 1964 in Oviedo, Spain. He graduated in Mining Engineering from Oviedo University (Spain), is certified in Petroleum Engineering with OGCI in Tulsa, as well as holding a Master's in Managing Corporate Resources from IMD in Lausanne (Switzerland).
He has more than 26 years of international experience in the oil and gas industry with Repsol. He worked as Field Engineer in Spain and Egypt; Reservoir and Production Engineer in Libya, Development Manager and Business Unit Manager in Venezuela; Director of Business Unit in Argentina; and Technical Director for Argentina, Bolivia and Brazil.
In 2006 he was appointed as Repsol Upstream Executive Director for Argentina, Bolivia and Brazil. Since August 2014 he has held the position of CEO for Repsol Sinopec Brazil.
Dale Moore
Addax Petroleum UK Limited Managing Director
Dale Moore has a Diploma of Petroleum Technology from Southern Alberta Institute of Technology and a BSc in Petroleum Engineering from Montana Tech.
He is Canadian citizen with over 30 years industry experience in drilling, reservoir engineering, production engineering, completions, production operations and joint venture management.
He has undertaken previous work assignments in Canada, Russia, The Netherlands, UK, Yemen, Nigeria, Switzerland, Cameroon and Gabon.
He is currently Head of Organization for Addax Petroleum UK based in Aberdeen.
Quanmin Zhao
Chief Engineer, Sinopec International Petroleum Exploration & Production Corporation
Quanmin Zhao has a Bachelor of Engineering from the China University of Petroleum (Huadong) and a Doctor of Engineering from the China University of Petroleum (Beijing).
He is Chinese citizen and has held various engineering and management roles in Sinopec International Petroleum Exploration & Production Corporation (SIPC) since 2007 including Senior Vice President - SIPC, Vice General Manager - Kazakhstan Project, Vice General Manager - Syria Project and Deputy Chief Engineer - Sinopec Jianghan Oilfield.
He is currently General Manager of Tiptop US Holding Corporation and Chief Engineer for SIPC based in Beijing.
Les Thomas
Independent Director
Les Thomas has a Bsc (1st class hons) in Civil Engineering and a Masters degree in Petroleum Engineering, both from Heriot Watt University in Edinburgh.
Les has over 35 years’ experience in the Oil and Gas industry, in various subsurface, engineering, operational and senior management positions. Les was CEO of Ithaca Energy from 2013 to 2020 and previously served for eight years on the Board of Wood Group, as Chief Executive of its Production Facilities business and Group Director responsible for HSE. Prior to this, he spent 22 years with Marathon Oil in various locations and roles, including four years as European Business Unit Leader.
Les is also a non executive director of Avingtrans PLC, an AIM listed engineering and manufacturing business.