Galp

Africa Oil & Gas: Galp Ready for Namibia Survey

Posted on January 28, 2019January 28, 2019 by Mozambique Resources Post

Galp Energia is set to start its 3D seismic campaign offshore Namibia in the coming days. The survey, to be shot on PEL83, will cover a total area of 3,000 sq km.

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: “Rovuma gas ready to fill global supply gap” – Galp CEO says

Posted on June 12, 2018June 12, 2018 by Mozambique Resources Post

Portuguese Oil company Galp Energy CEO Carlos Gomes da Silva believes Mozambique is ready to fill global LNG supply gap, according to Financial Times report.

Africa Oil & Gas: Sonangol to keep its investments in Portugal Galp Energia

Posted on March 2, 2018 by Mozambique Resources Post

The chairman of the Board of Directors of Angolan state oil company Sonangol gave assurances on Wednesday in Luanda that the company will keep its stakes in Portugal’s Galp Energia group as it is a “strategic investments.”

Africa Oil & Gas: Galp Farms-Down 40% In Namibia PEL 82 To ExxonMobil

Posted on February 6, 2018 by Mozambique Resources Post

Portugal’s Galp Energia said Jan. 31 it will farm-down a 40% participating interest in the Petroleum Exploration License (PEL) 82 in Namibia to an ExxonMobil subsidiary.

Mozambique Energy: Galp Energia to provide power for schools and hospitals in rural areas

Posted on May 31, 2017 by Mozambique Resources Post

Portuguese oil group Galp Energia will donate US$674,000 to Mozambique to finance solar energy projects to light primary schools and health facilities in rural areas of four provinces under an agreement signed on Tuesday in Maputo.

Africa Oil & Gas: Galp output, profits up in 1Q; No Coral FLNG New

Posted on May 3, 2017 by Mozambique Resources Post

Portuguese independent Galp reported net income of €134mn ($146mn) in 1Q2017, contrasting with a loss of €58mn in the year-ago quarter. Its net production was 56% higher year on year at 88,000 barrels of oil equivalent (boe)/d, of which 87% was oil.

Mozambique Oil & Gas: Galp gives green light for Coral FLNG investment plan

Posted on December 20, 2016 by Mozambique Resources Post

Portugal’s Galp Energia is the latest in line to approve the investment plan for the Coral South FLNG project in Mozambique, following Eni and ENH. The company said in its statement on Monday its board of directors approved the investment related to the Coral South area, the first development related to the discoveries made in the Area 4 of Mozambique’s Rovuma basin.

Global Industry: “The oil and gas industry is quickly amassing power in Trump’s Washington” – reports

Posted on December 15, 2016December 15, 2016 by Mozambique Resources Post

After eight years of being banished and sometimes vilified by the Obama administration, the fossil fuel industry is enjoying a remarkable resurgence as its executives and lobbyists shape President-elect Donald Trump’s policy agenda and staff his administration.

Mozambique Oil & Gas: ExxonMobil to explore gas in area 4 of the Rovuma Basin

Posted on October 21, 2016 by Mozambique Resources Post

US Oil giant ExxonMobil will be a partner in the exploration of natural gas in area 4 of the Rovuma basin in the country, the chairman of the State Hydrocarbons company – ENH, Omar Mitha said according to daily newspaper Notícias.

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