Get near real-time access to futures pricing, major energy stocks, and related articles and insights.

Galp Energia Corp.


Second Light Oil Discovery in Mopane-1X Well

Galp Energia's Avo-2 target in the Mopane-1X well offshore Namibia delivers second significant column of light oil.

Light Oil Discovery Made Offshore Namibia

Galp Energia said a significant light oil discovery was made in the Orange Basin and a drill stem test will be performed to assess the discovery’s commercial viability

E&P Highlights: Jan. 8, 2024

Here’s a roundup of the latest E&P headlines including the second biggest deepwater gas find of 2023 and new contract awards.

Sintana Provides Updates on Two Wells Offshore Namibia

Sintana Energy briefs on PEL 83 and 90 while Chevron applies to drill up to 10 wells.

Drilling Expected to Begin with Offshore Namibia Production License

Galp enlisted SFL Corp.'s semi-submersible rig, which is in transit to PEL 83, offshore Namibia, with a spud date expected in mid-November.

Energy Transition in Motion (Week of Oct. 13, 2023)

Here is a look at some of this week’s renewable energy news, including the formation of a coalition to ship hydrogen as ammonia from the U.S. to Europe.

Galp Awards Contract for Technip’s Biofuels, Green Hydrogen Units in Portugal

Galp awarded Technip with an EPC contract to reduce their refinery’s carbon footprint.

OTC: Exxon Not Quitting Exploration in Brazil, Exec Clarifies

Exxon Mobil Brazil general manager Alberto Ferrin, responding to a media report, said the company wasn’t abandoning exploration in Brazil during a discussion on the country’s energy sector at the Offshore Technology Conference.

Energy Transition in Motion (Week of March 31, 2023): Advancing Projects, Investment

Here’s a look at some of this week’s renewable energy news, including plans to add offshore wind capacity globally.

Venture Global Seeks OK to Load First LNG Cargo at Louisiana Calcasieu Plant

In total, Venture Global has about 70 MTPA of LNG export capacity under construction or development in Louisiana.

Shell Veteran Andy Brown to Take Over as CEO of Portugal’s Galp

A company statement did not state why Gomes da Silva, who has been CEO since 2015, was stepping down.

Bidding Field Narrows As Huge Brazil Oil Auction Approaches

In the Nov. 6 auction, firms are expected to pay up to US$26.5 billion in signing bonuses for fields that Brazil says may hold up to 15 billion barrels of untapped crude.

Brazil’s Lula Presalt Oil Field Nears Oil Production Milestone

Petrobras and partners have invested roughly US$30 billion in the exploration and development of the field.