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Galp

Galp

Galp In Figures

2024 total revenue:USD 23.8 billion

2024 EBITDA: EUR 3.3 billion

Galp Energia is a vertically integrated multinational energy company involved in exploration, refining, distribution and marketing of hydrocarbons and derivative products, and in the generation and sale of electricity. 

The company divides its activities into four main segments:

  • Upstream
  • Industrial and midstream
  • Commercial
  • Renewables and new businesses

The upstream segment engages in the exploration, development and production of hydrocarbons through a portfolio of about 20 upstream projects located in offshore areas in Angola, Brazil, Mozambique, Sao Tome and Namibia. 

The industrial and midstream segment engages in refining, logistics, biofuels and cogeneration activities in Iberia, as well as in the storage, transportation and trading of oil, gas, lubricants, various fuels and asphalts. The company also sells electricity to the grids in Portugal and Spain, both for export and import.

Galp’s commercial business encompasses retail sales to B2B and B2C customers of oil, gas, electricity and sundry convenience items through a network of about 1,300 Galp-branded petrol stations located in Iberia and several African countries.

The renewables and new businesses segment engages in renewable energy generation, mainly through solar PV projects in Iberia and Brazil. It also develops products related to energy storage and the battery value chain. Galp targets 10 GW of renewable energy capacity by 2030.

Company website: https://www.galp.com/es/

Galp News and Interviews

Faster seismic decisions for African basins - AFR26 - Percy MELLAR - DUG Technology
Interview
Faster seismic decisions for African basins
Multinational - June 10, 2026

Percy Mellar of DUG Technology talks about the appetite for imaging services in Africa’s mature and frontier basins.

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Africa’s energy industry reaches an inflexion point - AFR26 - Humphrey ORIAKHI - PAC Capital
Interview
Africa’s energy industry reaches an inflexion point
Nigeria - May 14, 2026

Humphrey Oriakhi of PAC Capital talks about overcoming the bankability challenges of African projects through tailored financial…

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Oregen eyes more acreage in Namibia’s Orange Basin
NEWS
Oregen eyes more acreage in Namibia’s Orange Basin
Namibia - April 08, 2026

Oregen Energy has signed a letter of intent with Petrovena Energy to gain acreage in Namibia’s Orange Basin, one of Africa’s…

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Etu Energias grows footprint offshore Angola with deepwater deal
NEWS
Etu Energias grows footprint offshore Angola with deepwater deal
Angola - March 30, 2026

Etu Energias has expanded its offshore position in #Angola with the acquisition of stakes from Azule Energy in blocks 14 and 14K.

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Energy players see rebound in Q2 profits
NEWS
Energy players see rebound in Q2 profits
Multinational - July 28, 2021

Energy multinationals have recorded a rise in profits in Q2 2021, including Halliburton, BASF, Galp and Equinor, the companies said in press releases this week and…

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Nigerian Content Development and Monitoring Board
Articles
Nigeria’s LNG Train 7 on track
Nigeria - December 22, 2020

In an era when the dual shock has caused major hydrocarbons projects to be shelved, Nigeria is proving resilient. Nigeria LNG (NLNG) recently sealed a…

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