05/09/2019

Galileo Technologies S.A. is not linked to Galileo Energy S.A.

After consultations received as per different publications and facts which are public knowledge, we inform that nor Galileo Technologies S.A. nor Galileo Energía S.A., as well as their affiliate companies and/or subsidiaries, are linked to the Ecuadorian company Galileo Energy S.A.

Galileo Group has no branches in Ecuador and its sole business is the manufacture of compressors and liquefaction equipment for gas production, transportation and supply. Furthermore, the company headquarters are based in the Province of Buenos Aires, Argentina, and it is led by Mr. Osvaldo del Campo.

Finally, Galileo Group is not dedicated to the treatment of hazardous waste from the oil&gas industry, and has no business relationship with the state oil company PetroEcuador in this sense.

Beyond any facts and/or coincidences that confuse one company with the other, at Galileo Group we are fully committed to transparency, quality and innovation as our business activity values. These values are an essential characteristic of identity along the 70 countries where we take our products and services to the whole gas value chain.

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