You are here: Home > About us > Galp Energia at a glance
     
  close
share
 
close
 

Galp Energia at a glance 
 

Galp Energia is an energy company – finding and extracting oil and natural gas from sites across four continents to deliver energy to millions of customers every day. We drive the world a little further.

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 

Market capitalisation:    €9,881 million
Turnover:      €19,620 million
Net profit RCA:      €310 million
Number of employees:   6,968
Active presence in:    15 countries
Reserves 3P:   707 mboe
Average working interest production: 24.5 kboepd
Refineries:   2
Service stations:  1,435
Sales of natural gas:   7,090 mm³ 
   data from the end of 2013

Business segments

Exploration & Production Refinação & Distribuição Gas & Power

> More than 60 projects in portfolio

> 1,435 service stations

> 7,090 mm³ sales of natural gas

  • Galp Energia's activity is growing fast, especially in Brazil, Angola and Mozambique with the recent discoveries; 
  • We process oil into refined oil products, mainly marketed by our own network in Portugal and Spain; 
  • Production of oil is concentrated in Angola and in Brazil, with a WI production of 24.5 kboepd in 2013;

 

  • We are the only refining company in Portugal, and we currently have a refining capacity of 330 kbopd;
  • Natural gas is sold in Portugal and Spain to around 1.3 million customers;

 

  • At the end of 2013, 3P reserves NE stood at 707 mboe; 3C contingent resources WI at 3,923 mboe and exploration resources (unrisked) at  2,495 mboe;
  • Refined products are primarily marketed in the Iberian Peninsula but also in Africa, with sales to direct clients hitting 10 mton in 2013;
  • We plan to exploit current developments in our power business to increase our sales of natural gas;

 

  • The development of existing resources, will allow Galp Energia to significantly increase its production.
  • In 2013, the marketing network reached 1,435 service stations.

 
 

  • In the power business, our aim is to position ourselves in the electricity supply sector in the Portuguese market.

 

Galp Energia in the world

Our activities are expanding strongly worldwide and are predominantly located in Portugal, Spain, Brazil, Angola, Mozambique, Cape Verde, Guinea-Bissau, Swaziland, Gambia, East Timor, Uruguay, Equatorial Guinea, Morocco, Namibia and Malawi.

 

Galp Energia in the world 



Last update: 12 Nov 2014

Galp Energia share

+ information »