Production has been steady at 111.7 kbpd, with Kaombo South FPSO starting up in Angola and various maintenance in Brazil. Management has provided a positive update on production (currently above 120kbpd) and this is expected to reach the higher end of the 8-12% production growth guidance.
29 Jul 2019
Q2: positive update on production guidance
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Q2: positive update on production guidance
Galp Energia, SGPS S.A. Class B (GZ5:FRA) | 0 0 1.5% | Mkt Cap: 11,340m
- Published:
29 Jul 2019 -
Author:
Kevin VO -
Pages:
3
Production has been steady at 111.7 kbpd, with Kaombo South FPSO starting up in Angola and various maintenance in Brazil. Management has provided a positive update on production (currently above 120kbpd) and this is expected to reach the higher end of the 8-12% production growth guidance.