Repsol SA is an integrated global energy company. The Company carries out upstream and downstream activities across the world. Its upstream division is responsible for the company's oil and gas exploration and production activity. In 2013, the Company participated in 65 explorations, mainly in the United States and Norway. Globally, the company has upstream oil and gas operations in 31 countries. The Company�s downstream activity involves the supply and trading of crude oils and products, oil refining, the marketing of petroleum products, the distribution and marketing of LPG, the production and marketing of chemical products and the development of new energy solutions. The Company�s key growth projects support the 7% production growth, adding more than 200,000 boe/day of production.