Portugal’s Environment Agency, APA, confirms that the environmental studies and risk assessments already carried out on the Santola-1X project are exhaustive and has not identified significant negative environmental impacts.

The consortium Eni-Galp records the decision that confirms the results of the extensive environmental and risk assessments studies performed, and of the risk mitigation measures that have been identified. The consortium will start the work on the conditions prescribed by APA and on the planning activities necessary to drill the well safely. The well will be drilled utilizing state-of-the-art technology and operational practices to ensure maximum safety conditions. The well target is to confirm whether hydrocarbons may be present in this sector of the Portuguese offshore.

The well is located at a distance of 46 km from the nearest point of the Portuguese coast, at a location not visible from the coastline and at a water depth of roughly 1000 m.

Eni and Galp have thoroughly complied with every requirement established by the applicable legislation, as well as with the requests raised by the various public institutions involved in the process.

About Galp

Galp is a publicly-held, Portuguese-based energy company, with an international presence. Our activities cover all stages of the energy sector's value chain, from prospection and extraction of oil and natural gas, from reservoirs located kilometres under the surface of the sea, to the development of efficient and environmentally sustainable energy solutions for our customers – whether large industries that seek to increase their competitiveness, or individual consumers that seek the most flexible solutions for their home and mobility needs. We also contribute to the economic development of the 11 countries where we operate and to the social progress of the communities that welcome us. Galp employs 6,775 people.

About ENI

Eni is an integrated energy company employing more than 34.000 people in 69 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels. Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.