18 April 2024
Repsol restructures and re-focuses post-YPF
Publication date: 29 May 2012
Gas Strategies Group
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Spain’s Repsol on Tuesday presented its first strategy plan after the Argentinian government’s re-nationalisation of its YPF unit. Along with re-shaping its corporate structure, Repsol plans to sell up to €4.5 billion ($5.7 billion) in assets in visual_editor01visual_editor-visual_editor016 and target 7%/year production growth from its remaining assets in the period by directing 77% of its €19 billion budget to upstream operations.