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Repsol

Global energy company: oil, gas, renewables

Production Engineer Intern

Summer 2027Updated on 10/23/2026Deadline 10/30/26
No salary listed
Internship
Bachelor's
The Woodlands, TX, USA
In PersonOnsite Monday-Friday; optional 9/80 schedule per manager discretion. Non-local candidates arrange their own travel and temporary accommodations.
Mechanical Engineering
No H1B Sponsorship

About the job

Requirements
  • Be fully authorized to work for any employer in the United States without sponsorship now or in the future; OPT, CPT, and F-1 visa programs are not eligible.
  • Have successfully completed two years toward a bachelor's degree or higher in an engineering discipline.
  • Have an expected graduation date in 2028 or 2029; May 2027 graduates may be considered only if enrolled in a postgraduate program.
  • Have cumulative and major grade point averages of at least 3.3, confirmed by transcript; an unofficial transcript is acceptable.
  • Be available for the full continuous 12-week 2027 summer internship, May 17 through August 6.
  • Have a strong interest in data analysis, business analytics, problem-solving, and critical thinking.
  • Be able to work with data and derive meaningful insights.
  • Be detail-oriented, motivated, and organized, and able to manage multiple tasks responsibly and precisely.
  • Be eager to learn and adapt to new technologies and analytical methods.
  • Be able to work independently, take initiative, ask questions, seek guidance, and interact in a team environment.
  • Be able to establish an effective communication channel with field personnel.
Responsibilities
  • Support the Production Engineering team in validating the production back-allocation process in Energy Components to analyze daily closing production figures and deferred production.
  • Identify deferred production and establish corrective actions to minimize the asset's economic and production impact.
  • Compile and analyze available information related to reservoir qualities and surface infrastructure.
  • Analyze current lifting systems for wells and the asset to propose and implement production and profitability optimization opportunities.
  • Compile and analyze operating expenditure budget inputs and conduct budget exercises to identify economic optimization opportunities.
  • Track the annual data acquisition plan for production and reservoir requirements.
  • Coordinate field visits with the supervisor.
  • Support ongoing evaluation of asset production against potential to identify and implement optimization opportunities across production processes, from the sand face through the sales point, while maintaining compliance with company policies and safety and environmental regulations.
  • Present the assigned summer project to company staff at the end of the internship.
Desired Qualifications
  • Some internship experience, ideally in the oil and gas industry, is preferred but not required.
  • Petroleum Engineering or Chemical Engineering is preferred; other engineering disciplines are acceptable.

About the company

Repsol is an energy company that operates across the oil and gas value chain, including exploration, production, refining, and selling fuels, and is expanding into a multi-energy portfolio as part of the energy transition. Its products come from extracting hydrocarbons, processing them into fuels and other energy products, and distributing them to markets, while it increasingly adds new energy forms and services. The company differentiates itself through its long history of international expansion, strategic partnerships, and large-scale asset transactions, such as selling a stake to EIG to fund its transition. Its goal is to monetize its existing assets while accelerating the shift to a diversified, lower-carbon energy mix, potentially supported by a US IPO for its upstream unit from 2026 onward.

Company Size

10,001+

Company Stage

IPO

Headquarters

Madrid, Spain

Founded

1987

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Simplify's Take

What believers are saying

  • First-half 2026 adjusted net income hit €2.711 billion, up 135% year over year.
  • Pikka should reach 80,000 gross barrels daily in Q3 2026, lifting upstream volumes.
  • Repsol announced €850 million buybacks and an 8% higher 2026 cash dividend.

What critics are saying

  • CNMC fined Repsol €20.5 million on February 3, 2026 for margin-squeeze practices.
  • Venture Global beat Repsol in January 2026 LNG arbitration, weakening contract enforcement leverage.
  • Repsol says 90% of crude contracts miss EU methane rules before January 1, 2027.

What makes Repsol unique

  • Repsol pairs Alaska upstream growth with renewable asset rotations, funding transition without starving returns.
  • Pikka started in May 2026, giving Repsol a rare new North Slope growth engine.
  • Masdar and Stonepeak validate Repsol’s renewable platform as a monetizable, partner-friendly asset base.

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Benefits

  • Hybrid Work Options

Company News

Europe Says
Aug 26th, 2026
Latham Represents Repsol E&P in US$2.5 Billion Bond Offering - Spain

Repsol E&P S.à r.l. (Repsol E&P), the holding company of the exploration and production (Upstream) business of Repsol, S.A. (Repsol) Group, through

Yahoo Finance
Jul 23rd, 2026
Repsol's Q2 2026 net income surges to $2B amid oil price volatility and Strait of Hormuz tensions

Repsol SA reported strong Q2 2026 results with adjusted net income of €1.8 billion, over €1 billion higher year-on-year. First-half adjusted net income reached €7.2 billion, up 135% compared to 2025. The Spanish energy company reduced net debt to €3.7 billion by end of Q2, down €1.1 billion from March 2026. Its gearing ratio stood at 11.3%. Repsol achieved a major milestone with the start-up of the Pikka project in Alaska. Production reached 558,000 barrels of oil equivalent per day, 4% above the previous quarter. The company announced a total cash dividend of €1.051 per share for 2026, approximately 8% higher than 2025. However, geopolitical tensions around the Strait of Hormuz created extreme volatility, whilst a €1.3 billion working capital build-up affected cash generation.

The National
Jun 11th, 2026
Masdar acquires 49.99% of Repsol renewables for $959M, adding 705MW capacity

Abu Dhabi's Masdar has finalised an agreement to acquire a 49.99 per cent stake in Spain's Repsol Renewables for €849 million ($978 million). The transaction includes 705 megawatts of operational capacity comprising six solar parks and 13 wind farms, with potential to add 565MW in future. Subject to regulatory approval, the deal is expected to close by year-end. Once completed, Masdar will have 4.1 gigawatts of operational capacity across the Iberian Peninsula, with approximately 1GW under development. Owned by Taqa, Adnoc and Mubadala, Masdar has developed projects in over 40 countries with combined capacity exceeding 51GW. The company aims to reach 100GW of renewable capacity by 2030, supporting the UAE's clean energy and decarbonisation goals.

Yahoo Finance
Sep 23rd, 2025
Aramco-Repsol $1.2B Renewables Deal Stalls

Talks for Saudi Aramco to buy a minority stake in Repsol's renewables unit have stalled, with no plans to resume. The potential €1 billion ($1.2 billion) investment hit a dead end as Aramco seeks to sell assets and cut costs. Repsol, diversifying into renewables, saw its shares rise 24% in 2025. In 2022, Repsol sold a 25% stake in its renewables business for €905 million, valuing the unit at €4.38 billion. Repsol continues to invest in renewables, prioritizing returns.

USA Herald
Apr 29th, 2025
Stonepeak Buys $340M Stake in Repsol

Stonepeak has agreed to acquire a 46.3% stake in Repsol's U.S. solar and storage portfolio for $340 million, highlighting a shift towards renewable energy. The portfolio, valued at approximately $795 million, includes the 632-megawatt Frye solar farm in Texas and the Jicarilla complex in New Mexico, which combines 125 megawatts of solar with a 20-megawatt battery storage system. Legal firms Vinson & Elkins LLP and Latham & Watkins LLP represented Stonepeak and Repsol, respectively.