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Galp Energia, SGPS, SA

Carlos Nuno Gomes da Silva , 50

Vice Chairman and Chief Executive Officer

All data provided by

145
Portugal
EMEA
$14000 mil
$14859 mil
$202 mil
2%
-12.4%
Company data as of 6/8/2017 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, develops, and produces hydrocarbons in approximately 53 projects with proved, probable, and possible reserves of 673 million barrels of oil equivalent. The company's Refining & Marketing of Oil Products segment engages in the refining, retail, and wholesale marketing of oil products; operation of oil products storage and transportation infrastructure; and operation of 1,436 service stations in Portugal, Spain, and Africa. Its Gas & Power segment procures, supplies, distributes, and storages 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 also engages 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 maritime terminals; retail sale of food products and domestic utensils, as well as presents and other articles, such as 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 offers business management and consultancy, financing, open investment fund, reinsurance, and maritime 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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