Galp is headquartered in Lisbon and is also present in Spain, Brazil, Angola, Mozambique, Cape Verde and Guinea-Bissau.

A winning combination of excellent leadership, a solid shareholder structure, modern technology and environmental conscientiousness have made Galp what it is today: Portugal’s leading oil and natural gas company

As one of the major players defining the Portuguese energy sector, Galp, since its inception in 1999, has evolved into an indisputable leader in the oil and natural gas businesses. Comprised of more than 100 companies, the Galp Energia Group’s extensive activities range from the exploration and production of crude, to refining, distribution and marketing of oil products, and the supply, distribution and marketing of natural gas.

Responsible for having developed all of the country’s related oil and gas infrastructures, Galp has become one of Portugal’s most reputable enterprises. Over the last seven years Galp has proven to be a key player in the national economy, a fixture in the international energy industry and a relevant competitor in the Iberian market.

The company has been able to strengthen its position in the market over the years due to the growth of the business at home and abroad. Its two refineries in Portugal have the capacity to process 15.2 millions tons a year. Galp is also aiming at investing up to €1 billion in a refining conversion facility which will allow it to process heavier, more economical crude and obtain higher value products. These investments will serve to increase the company’s refining competitiveness and align its production with market needs.

Galp is looking at becoming a long-term investor in Africa while contributing to the continent’s economic development

A growing company, Galp is branching out and entering into the electric and wind power generation fields, specifically looking at thermal generation using combined cycle generation plants. The firm recently entered, with a consortium of Portuguese companies, in a tender for the licensing issue of a project in wind power generation. The consortium, in which Galp has a 33 percent participation, is prepared to invest more than €1 billion in a vast project comprising the creation of an industrial cluster besides the windmill facilities.

Galp’s stability and solid shareholder structure also make it a prime candidate for growth. Italy’s ENI and Portugal’s Amorim Energia own a significant portion of Galp, and are committed to a strategic plan for growth and development.

The company is currently planning an initial public offering (IPO) in October in which the Portuguese government plans to sell up to 25 percent of the company shares.

One of Galp’s strengths is its ability to be creative in developing new ideas and services. The company recently made headlines with its new product, Pluma, a lightweight container for liquefied petroleum gas (LPG). The container has an innovative concept and design and is user friendly, and has thus been hugely successful. Another project the firm is implementing is taking the same automated systems typically used to pay for highway tolls in Portugal and using them as no-cash/no-card petrol payment. The company has other innovative projects in the pipeline that will continue to demonstrate how Galp will provide technologically advanced products to its customers.

Galp’s hundreds of stations throughout Spain and Portugal offer a wide range of technologically-advanced services to its customers.

Aside from a strong focus on customer service, the company’s firm commitment to protecting the environment is visible in its endeavors. The intention to use a combined cycle generation plant as one of the cleanest existing processes in generating electricity is a clear demonstration of this commitment. Investment in wind energy, a pollution-free system, is yet a further testament to the company’s environmental conscientiousness. Galp has also planned to invest to improve the environmental conditions of its refineries.

Besides Galp’s operations in Portugal and Spain, the company is also present in Brazil, Angola, Mozambique, Cape Verde and Guinea-Bissau. In Brazil, through a strong partnership with Petrobras, Galp shares 54 exploration blocks. In Angola, together with Sonangol, the firm has participations in six large blocks and in the marketing of oil products. In Mozambique, Cape Verde and Guinea-Bissau, Galp has distribution and marketing activities, being a key player in the economy of those countries.