Galp Energia, SGPS, SA

Platts Company Rank: 116
Rank 115 | Rank 117


Portugal
EMEA
$15584  mil
$18753  mil
$440  mil
4%
7.9%
Portugal
EMEA
$15584  mil
$18753 mil
$440 mil
4%
7.9%


Company Snapshot:

Galp Energia, SGPS, S.A. operates as integrated energy operator in Portugal and internationally. The company operates through Exploration and Production, Refining and Marketing, and Gas and Power segments. It explores, develops, and produces hydrocarbons in approximately 50 projects with proved and probable reserves of 755 million barrels of oil equivalent. The company is also involved in the refining, retail, and wholesale marketing of oil products; operation of oil products storage and transportation infrastructure; and operation of 1,460 service stations in Portugal, Spain, and Africa. In addition, it produces biodiesel and biofuel; and operates 41,400 hectares of palm oil plantation. Further, the company sources, distributes, and supplies natural gas; produces and markets electricity with an installed capacity of 173 MW of thermal plants and 12 MW of wind power. The company was formerly known as Galp – Petroleos 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.


Company data as of 9/24/2020 provided by


S&P Global Market Intelligence