TotalEnergies has signed an agreement to acquire a 60% interest and operatorship in Block STP02, offshore Sao Tome and Principe, from the Agência Nacional do Petroléo de S. Tomé e Principé (ANP-STP). The remaining interest will be held by the existing license holders, Sonangol (30%) and ANP-STP (10%). The transaction is subject to final approvals from relevant authorities. Located within an […]
Petrobras a Brazilian national oil company has disclosed the recent board approval on the acquisition of investment interest in three oil exploration blocks operated by Shell in Sao Tome and Principe which were formerly owned by Kosmo Energy. The renewed investment interest in the oil-rich nation offshore West African coast is seen as part of […]
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