Galp | Press releases

Galp’s 10th oil and gas floating production unit starts operating in Brazil’s offshore pre-salt region - The P-68 is instrumental in keeping the company’s oil and natural gas production growth trajectory in Brazil. The unit has a total daily processing capacity of 150 thousand oil barrels and 6 million cubic meter of natural gas. It is located 230 km from shore, in water depths of 2.280 meters, and will be connected to 10 production wells.

Galp to supply cleaner marine fuels at Portuguese ports from this week - New marine fuel oil with maximum of 0.50% sulphur content complies with the new IMO regulations applying to all ships from Jan. 1st. Very Low Sulphur Fuel Oil (VLSFO) available at all mainland Portuguese ports.

Galp set for new growth cycle, boosts investment on projects for the energy transition - • About 85% of nine-month Ebitda generated in international markets • €573 million capex focused on large exploration projects, but also on the energy efficiency of the company’s refining system • Average annual capex up to 2022 increased to between €1.0 and € 1.2 billion of which more than €400 million earmarked for energy transition projects • Adjusted Ebitda at the end of September was in line with the same period of 2018; adjusted net income decreased to € 403 million

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. 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 World-leading score in the Environmental dimension Galp has been a staple of the DJSI for a consecutive eight years

Galp Gas Natural and NOS test smart meters -

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Press Releases