Petroleum Africa
Find us on: 
Wednesday, November 9, 2016
A deal giving Galp Energia access to additional acreage in Sao Tome and Principe (STP) is just waiting for approval from government authorities in STP. Galp reached a deal with Kosmos Energy for the acquisition of a 20% interest in blocks 5, 11, and 12 offshore STP.
Galp has held an operating interest in Block 6 since 2015. Kosmos also holds a stake in Block 6.
The consortia, which is now made up of Galp, Kosmos, Equator and ANP on Blocks 5 and 12 and Galp, Kosmos and ANP on Block 11, will proceed with the acquisition of 3D seismic in all blocks.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
