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
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
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
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
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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Kaombo Sul to reach Angola in Jan 2019
NEWS
Angola - November 05, 2018

The Kaombo Sul FPSO is set to arrive in Angolan waters in January 2019, local media reported Saturday.

Currently under construction in Singapore, the FPSO will…

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Interview
Brazil - September 3, 2018

Nelson Romano, managing director of Doris Engenharia and president of the Brazilian Association of Industrial Engineering, talks to TOGY about the company’s projects…

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Total starts up Kaombo in Angola
NEWS
Angola - July 30, 2018

The deep offshore Kaombo project has successfully begun production, Total announced on Friday.

The 115,000-bopd Kaombo Norte FPSO has been brought on stream, and…

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Equinor buys out Barra in Brazil block
NEWS
Brazil - July 04, 2018

Norway’s Equinor has agreed to buy Brazilian independent Barra Energia’s 10% stake in the offshore BM-S-8 block for USD 379 million, the major said in a press…

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PEREIRA_Miguel
Interview
Brazil - June 28, 2018

Miguel Pereira, CEO of Petrogal Brasil and country manager for Galp in Brazil, talks to TOGY about the company’s upstream operations, the potential of the BM-S-11…

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Exclusive: Kaombo Norte begins testing
NEWS
Angola - March 07, 2018

Kaombo Norte, the first FPSO for Angola’s Block 32, left its base in Singapore for marine tests on Tuesday, Laurent Maurel, Total E&P Angola’s general manager, told…

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ExxonMobil closes Eni Mozambique deal
NEWS
Mozambique - December 14, 2017

ExxonMobil has closed a deal struck earlier this year to acquire a 35.7% stake in Eni East Africa and a 25% indirect stake in the Area 4 block offshore…

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Eni launches Coral South LNG
NEWS
Mozambique - June 02, 2017

Italy’s Eni on Thursday officially inaugurated the implementation phase of the Coral South FLNG project off Mozambique.

Attended by the country’s president,…

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