We are Portugal’s oil and natural gas integrated operator. Our activities span from exploration and production of oil and natural gas to refining and marketing oil products, natural gas marketing and sales and power generation.
The Company's profile
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Market capitalisation: |
€9,437 million |
| Turnover: |
€16,804 million |
| Net profit RCA: |
€251 million |
| Number of employees: |
7,381 |
| Active presence in: |
13 countries |
| Reserves 3P: |
709 million boe |
| Refineries: |
2 |
| Service stations: |
1,502 |
| Sales of natural gas: |
5,365 Mm3 |
| data from the end of 2011 |
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Business segments
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> More than 40 projects in portfolio |
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> 1,502 service stations |
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> 5,365 Mm3 sales of natural gas |
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- We process oil into refined petroleum products, mainly marketed by our own network in Portugal and Spain;
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- Production of oil is concentrated on Angola and Brazil, where 20.8 thousand boepd;
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- We are the only refining company in Portugal, and we currently have a refining capacity of 330,000 barrels a day;
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- The natural gas is sold in Portugal and Spain to over 1.3 million customers;
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- The Company holds 709 Mboe in reserves 3P NE, 2,672 Mboe in contingent resources 3C WI and 2,82 Mboe in exploration resources (unrisked);
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- Refined products are primarily marketed in the Iberian Peninsula but also in Africa, with sales to direct clients hitting 10.5 million tonnes in 2011;
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- We plan to exploit current developments in our power business to increase our sales of natural gas;
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- The development of existing resources, will allow Galp Energia to have a production target of 300 kboepd for 2020.
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- On 2011, the marketing network reached 1,502 service stations.
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- In the power business, our aim is to position ourselves in the marketing of power in Portuguese market.
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Galp Energia in the world
Our activities are expanding strongly worldwide and are predominantly located in Portugal, Spain, Brazil, Angola, Venezuela, Mozambique, Cape Verde, Guinea-Bissau, Swaziland, Gambia, East Timor, Uruguay and Equatorial Guinea: