The group in its present form commenced in 1986, when the current management bought U.S. and Latin American oil trading interests.
In 1989 a high degree of success in trading activities allowed for the acquisition of oil & gas producing properties in Latin America and Russia, moving the group into the upstream segment of the industry.
Throughout the 1990’s, Hispania supplied technology and production equipment to Russian companies, enabling them to increase their production. This established Hispania in the Russian market, which has proven to be a solid and long lasting business relationship.
In the last decade Hispania has concentrated its efforts on further developing its oil producing interests, and has succeeded in building a worldwide portfolio of high quality assets with proven reserves and significant upside potential.
Hispania Petroleum S.A. (Hispania) is an independent oil & gas company with operations across the globe, ranging from South America to Europe and Russia. Initially Hispania’s main focus was trading oil and oil products. Its success in this area allowed the company to acquire high quality producing assets.
In the last decade, Hispania has moved towards increasing production and reserves, renewing licenses, and securing new exploration and development opportunities.
Presently the group has a balanced portfolio with a solid production base, development projects, and high quality exploration prospects.
As a responsible operator, we are proud to be a partner of choice and to maintain the highest safety and environmental standards.