GRI G4-7G4-3

QUEIROZ GALVÃO HAS A PORTFOLIO OF DIVERSIFIED AND
BALANCED ASSETS, AND IS THE ONLY PRIVATE BRAZILIAN
COMPANY IN THE OIL & GAS EXPLORATION AND PRODUCTION
SECTOR TO OPERATE IN THE PRE-SALT EXCLUSION ZONE OF
THE SANTOS BASIN.

Queiroz Galvão Group has operated in the natural gas and oil industry since 1981, initially providing well drilling services for onshore basins and later diversifying to offshore basins. The Group is present at all stages of the oil and gas production chain. It began its exploration and production activities in 1996, following changes to Brazilian laws for the industry.

The Group currently has over 50,000 employees and 60 years of experience in developing ventures in other major economic sectors, such as construction, energy, industrial agriculture, and iron & steel, among others.

GRUPO QUEIROZ GALVÃO – BUSINESS AREAS
Construction (Brazil and International)
Real Estate Development
Environmental Engineering
Exploration and Production
Business Management
Naval and Offshore
Oil & Gas

QGEP Participações S.A., a Queiroz Galvão Group company, was created in 2010 following the restructuring of Queiroz Galvão Óleo e Gás S.A. (QGOG), during which oil exploration and production activities were separated from the provision of services such as the supply of drilling rigs, affreightment of platforms, and other services. As the controller of Queiroz Galvão Exploração e Produção S.A., QGEP Participações S.A was created to allow for greater growth with a focus on hydrocarbon exploration and production.

The only publicly listed Company in the corporate conglomerate, QGEP is aligned with Corporate Governance best practices and Novo Mercado principles, which has allowed the company to manage its assets in a strategic, transparent and ethical manner. These principles have been spread within Grupo Queiroz Galvão through the interaction its leaders.

Queiroz Galvão Exploração e Produção (QGEP) is also the only private Brazilian company in the oil & gas exploration and production sector to operate in the pre-salt exclusion zone of the Santos Basin, according to data from Brazil’s National Petroleum Agency (Agência Nacional de Petróleo – ANP). The Company holds a diversified and balanced portfolio, with assets in nine of the main sedimentary basins on the Brazilian coast and has been consolidating its operations as an ultradeepwater operator.