Repsol YPF, S.A., (BMAD: REP) is an integrate Spanish oil and gas company with operations in 29 countries. The bulk of its assets are located in Spain and Argentina. The product of a 1999 takeover of Argentine energy firm YPF by the Spanish conglomerate Repsol S.A. within the controversial privatisations by president Carlos Menem, it is now one of the world's ten largest oil enterprises, employing over 30,000 people worldwide.