Galp Energia SGPS, S.A.
Company Information

Galp Energia SGPS, S.A. Company Profile

Portugal's primary oil and gas group, Galp Energia (formerly Petróleos de Portugal), produces, transports, refines, distributes, and sells crude oil, natural gas, and oil products. It operates mainly in Portugal and Spain, but also has operations in a half-dozen former Portuguese colonies. Although Galp Energia is primarily a refining and marketing company with more than 1,450 gas stations, it is seeking to expand its exploration and production efforts. The company has significant exploration and production activities in Angola, Brazil, and Portugal and holds gas and power infrastructure assets in Portugal. Italian energy giant Eni and Portuguese investment firm Amorim Energia each own 33% of the company.