Spanish energy company Repsol said it was offering up a portion of its holdings in a U.S. shale basin in favor of a position in operations offshore Norway. Repsol divested 13 percent of its stake in the Eagle Ford shale basin in the United States to its Norwegian counterpart Statoil in exchange for a 15 percent share in the Gudrun field off the coast of Norway. The transaction is cash-neutral. Aside from the swap, the Spanish energy company said both sides agreed to set up operations in the Eagle Ford basin under a single umbrella with Statoil serving as the operator. “That will help ensure operations become more efficient, through optimal field developments and cost savings, […]