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: |
€9.752 million |
| Turnover: |
€18.507 million |
| Net profit RCA: |
€360 million |
| Number of employees: |
7,241 |
| Active presence in: |
15 countries |
| Reserves 3P: |
783 mboe |
| Refineries: |
2 |
| Service stations: |
1,486 |
| Sales of natural gas: |
6,253 mm³ |
| data from the end of 2012 |
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Business segments
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> More than 50 projects in portfolio |
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> 1,486 service stations |
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> 6,253 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 24.4 kboepd;
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- We are the only refining company in Portugal, and we currently have a refining capacity of 330 kbopd;
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- Natural gas is sold in Portugal and Spain to around 1.3 million customers;
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- The Company holds 783 mboe in reserves 3P NE, 3,245 mboe in contingent resources 3C WI and 3,203 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 mton in 2012;
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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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- In 2012, the marketing network reached 1,486 service stations.
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- In the power business, our aim is to position ourselves in the electricity supply sector in the 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, Equatorial Guinea, Morocco and Namibia.