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GA
International Oil Company
Integrated
ELI: GALP
Galp
Lisbon, Portugal · Established 1999 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Galp Energia SGPS is Portugal's integrated energy company with upstream operations in Brazil pre-salt (Mero, Bacalhau), Angola, and Namibia, plus Iberian refining and 1,400+ retail stations. Brazil accounts for 80%+ of upstream production.
FY2024 revenue approximated $22 billion with net income near $1.2 billion. Mero field ramp-up and Bacalhau FPSO startup are key production catalysts. Sines refinery is Portugal's sole refining asset.
Renewable power portfolio targets 4 GW by 2025. Hydrogen a...
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