Alvareo Racero is Regional executive director – Europe, Asia & Africa, Repsol
Position: Regional executive director – Europe, Asia & Africa
Biography: Although Alvareo Racero does not directly oversee Spanish major Repsol’s operations in Libya, he has been a key part of the team that built up the company’s presence in the country.
In 2006, Repsol announced it had made the biggest discovery in the country in over a decade, at the I/R field, which held more than 1 billion barrels of oil. The company started production from the field in 2008. That same year, Racero led negotiations to extend the company’s contracts in Libya to 2032.
Racero has a doctorate in minerals mining from Spain’s University of Madrid. He began his career as a geophysicist working for several international oil majors from the mid-1980s onward, and joined Repsol in 2001.
For Repsol, he worked mainly in exploration and production in the US, before taking up his current position as regional executive director for Europe, Africa and Asia in 2006.
Contact: (+218) 21 335 0380
Company website: www.repsol.com
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