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Galp Energia, SGPS, SA

Carlos Nuno Gomes da Silva , 47

Vice Chairman and Chief Executive Officer

All data provided by

159
Portugal
EMEA
$14295 mil
$17393 mil
$137 mil
1%
-5.7%
Company data as of 6/2/2016 provided by S&P Global Market Intelligence

Galp Energia, SGPS, S.A. operates as oil and natural gas integrated operator worldwide. Its Exploration & Production segment explores for, develops, and produces hydrocarbons in approximately 45 projects with proved, probable, and possible reserves of 960 million barrels of oil equivalent. The company's Refining & Marketing segment is involved in the refining, retail, and wholesale commercialization of oil products; operation of oil products storage and transportation infrastructure; and operation of 1,435 service stations in Portugal, Spain, and Africa. Its Gas & Power segment procures, distributes, and markets natural gas; generates and supplies electric, thermal, and wind power; and holds interests in various cogeneration plants with a total installed capacity of 173 megawatts, and wind farms. The company is also engaged in the management of equity participations; research, production, processing, logistics, and marketing of grain, vegetable oil, biofuel products, and their derivatives; technical management of ships, crews, and supply; development and operation of marine terminals; retail sale of food products and domestic utensils, as well as presents and other articles, including newspapers, magazines, records, videos, toys, drinks, tobacco, cosmetics and hygiene, travel, and vehicle accessory items; study, projection, installation, production, and marketing of biofuels; treatment and recovery of waste; purchase and sale of equipment; and design and construction of underground liquefied petroleum gas storage facilities. In addition, it provides business management and consultancy, financing, open investment fund, reinsurance, and marine transport services; and operates service stations, workshops, restaurants, and hotels. The company was formerly known as Galp - Petróleos e Gás de Portugal, SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in September 2000. Galp Energia, SGPS, S.A. was founded in 1999 and is headquartered in Lisbon, Portugal.

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