Press Releases

Galp supports new company, Flow, to revolutionize corporate fleets and urban electric mobility - Flow's platform speeds-up application of Software as a Service (SaaS) and Mobility as a Service (MaaS) to fleet management, electrification and vehicle-sharing.<br> This fully-integrated solution also manages urban mobility systems that combine private and public transportation and a charging infrastructure.
Mozambique Area 4 joint venture awards substantial construction works of Rovuma LNG project - EPC contract awarded to JFT, a consortium constituted by JGC, Fluor and TechnipFMC, world-leading contractors. Award paves way for the start of midstream and upstream early project activities, estimated at around $500 million. FID expected to take place in 2020 and first LNG in 2025. Decision reinforces Galp’s commitment to develop Area 4’s high-quality resources
Galp to provide solar energy to customers through power purchase agreements with X-Elio - Energy from 200 MW PV projects in Spain will become available from 2020. Agreements cover equivalent of 358 GWh/year for 12 years.
Manuel Ferreira De Oliveira (1948 - 2019) - It is with deep sorrow that we received the news of the disappearing of Manuel Ferreira De Oliveira who, due to his dedication and passion to the energy industry and particularly to our company - to which he dedicated most part of his professional life -, leaves an indelible mark on all of us.
Galp has cut carbon footprint by more that 500 ktons of CO2e in 2018 -
Galp leads Dow Jones Sustainability index in Europe, sticks to Top 3 of world’s most sustainable companies - Europe’s best and world’s nº3 Oil & Gas Upstream & Integrated company<br> World-leading score in the Environmental dimension<br> Galp has been a staple of the DJSI for a consecutive eight years
Galp Gas Natural and NOS test smart meters -
Brazilian oil and gas regulator approves Atapu and Sépia unitisation agreements - The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved the Unitisation Agreements (UA) related with the Atapu and Sépia accumulations. These had been submitted by the BM-S-11A and BM-S-24 consortia, respectively, along with Petrobras, for the Transfer of Rights area (ToR) and Pré-Sal Petróleo S.A. (PPSA) for Atapu open area.
International activity drives earnings - More than 82% of first-half Ebitda came from international activities. Oil and gas production rose 6% with contributions from added. production units in Angola and Brazilian ramp-ups. Cash flow generation rose 17% to €501 million; net debt reduced by 8%. Adjusted first-halp Ebitda rose 2%, to €1.1 billion.
International projects support earnings - More than 86% of first-quarter Ebitda came from international activities. Oil and gas production rose 8% with contributions from added production units in Brazil and Angola. Ebitda rose 9% to €494 million in the first quarter from a year earlier. Adjusted net income declined to €103 million as tax costs increase.