Overview
Revenue
Non-Applicable per year
Headquarters
European Union (EU)
Category
We are #morethanyouimagine!
CEPSA is an integrated energy company operating at each stage of the oil value chain, with more than 11.000 employees worldwide. Amongst its core activities, CEPSA is engaged in petroleum and natural gas exploration and production, with interest in several blocks across four countries: Spain, Algeria, Colombia and Peru. Our main focus for the near future will be on strengthening our position in the sector, and we therefore intend to reinforce our presence in new geographical areas with high development potential, with the aim of achieving a significant increase in net entitlement reserves. For the development of the company into a major contender in the sector, we are strengthened by the contribution of IPIC (Abu Dhabi International Petroleum Investment Company), which in 2011 became the sole shareholder of Cepsa. For that purpose, our key strategic drivers are a high level of integration and solid international growth, based on the development in the Upstream business and international expansion in petrochemicals. Welcome! Cepsa E.P. SA conducts exploration activities. The Company produces crude oil and natural gas. Cepsa E.P. serves customers worldwide. CEPSA (Compañía Española de Petróleos, S.A.U.) is an integrated energy company operating at every stage of the oil value chain, with more Cepsa Colombia SA of Spain provides refining of crude oil and other petroleum products. The Company offers products and services such as stores and mini stops, cards, fuels, oils, butane and propane, lubricants, base oil, paraffins wax, asphalts, aviation, natural gas, electricity, and chemicals. Cepsa Colombia serves its customers throughout Spain.,CEPSA (Compañía Española de Petróleos, S.A.U.) is an integrated energy company operating at every stage of the oil value chain, with more Compañía Española de Petróleos (CEPSA) has its foot on the gas, the oil, and petrochemicals, too. CEPSA, the second-largest oil company in Spain (behind Repsol YPF), refines 121,900 barrels of crude oil daily, primarily in three refineries. Its oil exploration and production efforts are focused on Algeria, Colombia, Egypt, Peru, and Spain. It has proved reserves of 172.5 million barrels of oil equivalent. CEPSA's marketing network includes more than 1,800 gas stations in Spain and Portugal. It also produces a range of chemical products and has gas and power assets. In 2011 Abu Dhabi's International Petroleum Investment Co. (IPIC), which already owned 47% of CEPSA, acquired TOTAL's 49% stake in the company.
