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eXploration & produCtion

Our Exploration and Production unit focuses on oil and natural gas exploration, development and production on land and sea. We have a presence in Spain, Latin America, North Africa, the Middle East and Asia.

We are currently the second largest producer of oil in Algeria and we have a diversified portfolio with onshore, offshore and deep offshore assets.

refininG

This business unit converts crude into oil products for sale on the markets. It operates in a fully integrated manner with other Cepsa businesses such as Trading, Marketing and Chemicals in order to maximise margins in the oil value chain.

We have three refineries and a total crude distillation capacity of 27 million tonnes a year, 31% of the installed capacity in Spain.1

ChemiCals

Our chemical plants, fully integrated with the refineries, manufacture high added value raw materials.

We have facilities in Germany, Brazil, Canada, China, Nigeria, Spain and Indonesia. We are global leaders in the manufacture of LAB2 (the raw material used to produce biodegradable detergents) and cumene3, and the second largest producers of phenol and acetone4, used in next generation plastics.

2.3 OUr ACTIVITIES

Chapter 2 Who we are

1 Source: Asociación Española de Operadores Petrolíferos (AOP) 2 report by Colin A. Houston & Associates September 2017 3 raw material used to produce fenol 4 Source: IHS Markit