Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 4
Company Snapshot 5
Key Information 5
Company Overview 5
SWOT Snapshot 5
Business Description 6
Business Overview 6
Exploration and Production 6
Overview 6
Production 6
Financials 6
Capital Expenditure 7
Overview 7
Production 7
Financials 7
Capital Expenditure 7
Petrochemicals 7
Overview 7
Production 7
Financials 8
Capital Expenditure 8
Refining, Distribution & Marketing 8
Overview 8
Production 8
Financials 8
Capital Expenditure 8
History 9
Major Products and Services 13
Compania Espanola de Petroleos, S.A.U., Petrochemicals Capacity and Product Portfolio, 2000-2016 14
Compania Espanola de Petroleos, S.A.U., Total Installed Capacity, 2000-2016 14
Compania Espanola de Petroleos, S.A.U., Petrochemicals Product Details, 2011 16
Compania Espanola de Petroleos, S.A.U., Petrochemicals Complex Details by Commodity, 2011 17
Compania Espanola de Petroleos, S.A.U., Petrochemicals Capacity Split by Country, 2011 20
Compania Espanola de Petroleos, S.A.U., Petrochemical Capacity Share in Spain, 2011 21
SWOT Analysis 22
Overview 22
Compania Espanola de Petroleos, S.A.U. Strengths 22
Growing Revenue Performance 22
Leading Player: Petrochemical Business 22
Research and Development Capabilities 23
Integrated Operations 23
Compania Espanola de Petroleos, S.A.U. Weaknesses 24
Reduced Margins: Refining and Marketing Operations 24
Rising Emissions 24
Compania Espanola de Petroleos, S.A.U. Opportunities 24
Growth Drivers 24
Increasing E&P Investments 24
Global Energy Demand Outlook 25
Association with IPIC 25
Compania Espanola de Petroleos, S.A.U. Threats 25
Global Economic Slowdown and Market Dynamics 25
Challenge of Environmental Regulations 26
Refining Costs 26
Competitors 27
Key Employees 28
Key Employee Biographies 29
Company Statement 30
Locations and Subsidiaries 31
Head Office 31
Other Locations & Subsidiaries 31
Financial Deals Landscape 34
Compania Espanola de Petroleos, S.A.U., Deals Summary 34
Compania Espanola de Petroleos, S.A.U., Petrochemicals, Deal Details 35
Partnerships 35
CEPSA Forms Joint Venture With Hyundai Oilbank Co. 35
Acquisition 36
Total Sells 48.83% Stake In CEPSA To IPIC For $5 Billion 36
La Seda Acquires Interquisa 38
Total Acquires 4.35% Shares Of Cepsa 40
Recent Developments 41
Aug 03, 2012: CEPSA Reports H1 2012 Results 41
Jul 30, 2012: TransGlobe Energy Restarts Production From Nagyah Field In Block S-1, Yemen 42
Jul 09, 2012: CGGVeritas To Resume Land Seismic Acquisition Operations In Algeria 43
May 17, 2012: CEPSA Reports Net Income Of €204.7m In Q1 2012 43
Apr 11, 2012: Gran Tierra Energy Confirms New Oil Discovery With 2,525bopd Production Test At Ramiriqui-1 In Colombia 44
Mar 26, 2012: CEPSA Reports Net Income Of €639.7m In 2011 44
Feb 15, 2012: CEPSA Confirms Availability Of Alternatives To Iranian Oil 46
Feb 08, 2012: CEPSA Announces Management Changes 46
Dec 27, 2011: Nine Spanish Companies Commit To Save Energy And Reduce Emissions In 2011–2013 47
Nov 18, 2011: CEPSA Reports Net Income Of €163.7m In Q3 2011 48
Appendix 50
Abbreviations 50
GlobalData’s Methodology 50
Coverage 50
Secondary Research 50
About GlobalData 50
Contact Us 51
Disclaimer 51
List of Tables
Compania Espanola de Petroleos, S.A.U., Key Facts 5
Major Products and Services 13
Compania Espanola de Petroleos, S.A.U., Total Installed Petrochemicals Capacity, MMTPA, 2000-2016 15
Compania Espanola de Petroleos, S.A.U., Installed Capacity by Product, %, 2011 16
Compania Espanola de Petroleos, S.A.U., Petrochemicals Complex Details by Commodity, 2011 17
Compania Espanola de Petroleos, S.A.U., Petrochemicals Complex Details by Commodity, 2011 (Contd..) 18
Compania Espanola de Petroleos, S.A.U., Petrochemicals Complex Details by Commodity, 2011 (Contd..) 19
Compania Espanola de Petroleos, S.A.U., Petrochemicals Capacity Split by Country, %, 2011 20
Compania Espanola de Petroleos, S.A.U., Spain Petrochemicals Capacity Share, %, 2011 21
Compania Espanola de Petroleos, S.A.U., SWOT Analysis 22
Compania Espanola de Petroleos, S.A.U., Key Employees 28
Compania Espanola de Petroleos, S.A.U., Other Locations 31
Compania Espanola de Petroleos, S.A.U., Subsidiaries 32
Compania Espanola de Petroleos, S.A.U., Subsidiaries (Contd.) 33
Compania Espanola de Petroleos, S.A.U., Deals Summary 34
CEPSA Forms Joint Venture With Hyundai Oilbank Co. 35
Total Sells 48.83% Stake In CEPSA To IPIC For $5 Billion 36
Total Sells 48.83% Stake In CEPSA To IPIC For $5 Billion (Contd.) 37
La Seda Acquires Interquisa 38
La Seda Acquires Interquisa (Contd.) 39
Total Acquires 4.35% Shares Of Cepsa 40
List of Figures
Compania Espanola de Petroleos, S.A.U., Total Installed Petrochemicals Capacity, MMTPA, 2000-2016 14
Compania Espanola de Petroleos, S.A.U., Installed Capacity by Product, %, 2011 16
Compania Espanola de Petroleos, S.A.U., Petrochemicals Capacity Split by Country, %, 2011 20
Compania Espanola de Petroleos, S.A.U., Petrochemical Capacity Share in Spain, 2011 21