Announcements

New Composition of Galp Energia's executive committee - Galp Energia informs that the board of directors has approved today the appointment to Galp Energia’s executive committee the board member José Carlos da Silva Costa.
Notes Issue of €80,000,000 - Galp Energia, SGPS, S.A. hereby discloses that on the date hereof it has completed the issue of Notes, through a private offering, in the amount of €80,000,000. The Notes have a term of 5 years at floating rate of Euribor 6 month and a spread of 4.75%.
New important discoveries in Rovuma Basin offshore Mozambique - Galp Energia, partner of the consortium for Area 4 in Rovuma basin, offshore Mozambique, announces new natural gas discoveries within the Mamba Complex, in Area 4, at the Mamba South 2 and Coral 2 delineation wells, which are respectively the sixth and seventh wells drilled back to back in Area 4.
Qualifying holding of Eni S.p.A. - Due to the sale by Eni S.p.A. (“Eni”) in regulated market (Euronext Lisbon) of 33,170,025 shares of Galp Energia on 27 November 2012, the shareholding held by Eni in Galp Energia has been reduced to 201,839,604 shares corresponding to 24.34% of the share capital and voting rights in Galp Energia.
Qualifying holding of Caixa Geral de Depósitos, S.A. - Caixa Geral de Depósitos, S.A. (“CGD”) sold 8,295,510 shares of Galp Energia, corresponding to 1% of the share capital and voting rights of the Company (the “Stake”). The sale of the Stake took place off the market, following the placement through an accelerated bookbuilding conducted and communicated to the market on November 26 and after the exercise of the tag along right of CGD over Eni S.p.A. (“Eni”), according to the Consent & Waiver Agreement signed between CGD, Eni and Amorim Energia B.V. (“Amorim Energia”) on March 29 2012 and announced to the market on the same date.
Galp Energia enters into a farm-in agreement for offshore Morocco - Galp Energia announces its has entered into a farm-in agreement with the Australian company, Tangiers Petroleum Limited (Tangiers), for the acquisition of a 50% stake in the Tarfaya Offshore area, comprising eight exploration permits, known as Tarfaya Offshore I to VIII, located on the Atlantic Margin, offshore Morocco.
Galp Energia enters into a farm-in agreement in Namibia - Galp Energia announces the signature of a farm-in agreement with the Brazilian company HRT Participações em Petróleo S.A., (HRT), for the acquisition of a 14% stake in three offshore Petroleum Exploration Licences (PEL) in Namibia, namely PEL 23 in the Walvis basin, and PEL 24 and PEL 28 in the Orange basin. After this agreement, HRT will retain the operatorship of these PEL.
Resolutions of the general shareholders meeting - Galp Energia informs that, on the general meeting convened today, the items proposed on the agenda were approved.
FPSO contracted for the Iracema Norte area - Galp Energia informs that, together with its partners and through its Tupi BV affiliate, has signed a Letter of Intent with Schahin Petróleo e Gás S.A. and Modec Inc for the charter of the FPSO (floating, production, storage and offloading unit) which will be used in the production development project of the area known as Iracema Norte, in block BM-S-11, in the pre-salt of Santos basin.
Galp Energia’s 3rd quarter 2012 results and strategy execution update - Galp Energia releases today the 3rd quarter 2012 results and the strategy execution update
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