GALP Energia

Galp Energia, SA (GLPEF) CEO Carlos Gomes da Silva on Q4 2018 Results – Earnings Call Transcript

Posted on February 12, 2019February 12, 2019 by Mozambique Resources Post

Galp Energia, SA (OTC:GLPEF) Q4 2018 Earnings Conference Call February 11, 2019 6:00 AM ET.

Mozambique Oil & Gas: Area 4 Secure Enought Offtake Commitments for the Rovuma LNG Project

Posted on December 28, 2018December 28, 2018 by Mozambique Resources Post

Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project.

Mozambique Oil & Gas: Sinopec could take stake in Rovuma gas basin through Galp

Posted on November 30, 2018 by Mozambique Resources Post

Chinese company Sinopec could take a stake in Portuguese oil company Galp Energia and is one of two major international oil firms interested, according to the weekly Jornal Economico.

Mozambique Oil & Gas: Galp Energia reaches all provinces

Posted on September 16, 2018 by Mozambique Resources Post

Reinforcement of the service station network, having doubled the number of service stations in the country in only four years. Galp is investing in two new logistical bases in Matola and Beira. Gas projects in the Rovuma basin position Mozambique as one of Galp’s growth drivers for the next decade. Galp has been present in Mozambique for more than 60 years and is one of the largest foreign investors in the country.

Mozambique Oil & Gas: Galp to invest US$150 million in the expansion of its service station network in-country

Posted on August 31, 2018 by Mozambique Resources Post

Portuguese oil company Galp Energia announced that it plans to double its presence in the Mozambique market in four years through an investment of US$150 million, the Portuguese press reported.

Global Oil & Gas: Galp Energia to start drilling exploration well offshore Portugal

Posted on July 3, 2018 by Mozambique Resources Post

Portuguese oil company Galp Energia is set to start drilling the country’s first deep water offshore exploration well but with only modest hopes of success, its exploration and production director said on Monday.

Global Oil & Gas: Galp Energia enters 20-year LNG purchase and sales agreement with U.S.’s Venture Global

Posted on May 3, 2018May 3, 2018 by Mozambique Resources Post

U.S. purchases are expected to start in 2022. Galp is set to acquire one million tons of LNG per year. Agreement secures balanced and competitive sourcing for Galp’s international natural gas activities.

Mozambique Oil & Gas: Galp expects flat 2018 earnings, plans to splash about 1 billion euros

Posted on February 22, 2018 by Mozambique Resources Post

Portuguese oil and gas company Galp Energia, the owner of a 10 percent stake in Eni’ Coral South FLNG project in Mozambique, said Tuesday it expects almost flat pre-tax earnings this year after a 32 percent increase in 2017.

Global Oil & Gas: Galp Cuts Investment Plan, Sees Higher EBITDA Growth

Posted on February 22, 2017February 22, 2017 by Mozambique Resources Post

Portuguese oil company Galp Energia cut its spending target for the next five years by around 20 percent and trimmed its output growth forecast, but slightly increased its earnings growth forecast after delivering a better-than-expected 2016 result.

Africa Oil & Gas: Galp Energia tenders to sell Nigeria LNG cargoes

Posted on May 27, 2016 by Mozambique Resources Post

Lisbon-based Galp Energia has reportedly issued a tender aiming to sell liquefied natural gas cargoes from the Nigeria LNG facility on the Bonny Island.Reuters quoted trade sources as saying Galp Energia is looking to sell four to six cargoes annually for a period of five years.

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