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CHAPTER 2 Who we are Our activities

Production 2018 Type of reserve Area of operation Working interest

production (millions of barrels per year)

Net entitlement production (millions of

barrels per year)

ADOC 3 Crude oil Offshore 1.61 1.61

Algeria Crude oil/Gas Onshore 19.51 11.03

Colombia Crude oil Onshore 3.98 3.66

Spain Crude oil Offshore 0.04 0.04

Peru Crude oil Onshore 1.01 1.01

SEA 4 Crude oil/Gas Onshore/ Offshore 4.28 3.96

Total - - 30,43 21,31

Economic data 1 2018 2017 2016

Net revenue of business to external customers (millions of euros) 2 922 589 534

Adjusted EBITDA (millions of euros) 635 497 444

Capital expenditure in the year (millions of euros) 1,659 170 172

Working interest production (thousands of barrels per day) 83.4 92.1 96.8

Net entitlement production (thousands of barrels per day)2 58.4 65.4 72.2

1 Values do not include the production of SARB & UMM LULU because it is a previous production to the reception of the installations. 2 Excludes sales to group companies. 3 ADOC: Abu Dhabi Offshore Company. Values do not include the production of SARB & UMM LULU because it is a previous production to the reception of the installations. 4 SEA: South East Asia (Malaysia and Thailand).

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