Angola

Galp currently has five projects sanctioned and six exploration licenses in Angola, where it partners with some of the most prestigious companies in the oil sector worldwide.

The five offshore projects sanctioned are located in block 14 and 14K, with two compliant piled tower platforms (CPT), and block 32, with two Floating Production Storage and Offloading vessels FPSOs, all in production phase.

Galp concentrates its oil products marketing activity in Angola in two main companies:

• Petrogal Angola, Lda. – Develops its activity in the distribution and marketing of lubricants.
• Sonangalp, Lda. – Owned by Galp (49%) and Sonangol (51%), its activity is the distribution and marketing of liquid fuels and lubricants in the retail and wholesale segments.