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Galp Energia SGPS SA (GALP.LS)

GALP.LS on Lisbon Stock Exchange

12.81EUR
21 Aug 2019
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Mon, Jul 29 2019

Galp says Brazil oil rounds getting expensive, will be cautious

LISBON, July 29 Portugal's Galp Energia , whose cherry-picking in Brazilian oil licensing auctions since the mid-2000s has left it with one of the most enviable portfolios of stakes in offshore oil fields there, says new licences are getting too pricey.

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