After the YPF expropriation, Repsol has been focused on building its business and restoring its leadership position in the sector. The oil company has its eye on the Canadian company Talisman Energy.
In this potential deal, Repsol could buy the whole company for around 9 billion euros or buy an assortment of oil wells worth around 1.8 billion euros.
Although Repsol has a year to close the deal, it is starting to have an impact already as the oil company increases efficiency and productivity, reinforcing its international market position and profits for shareholders.