Continental Focus, International Reach

Total and Sonangol in Talks for STP Block

Tuesday, November 20, 2018

In Sao Tome and Principe, the National Petroleum Agency (ANP) began negotiations with a consortium consisting of Total and Sonangol to sign an oil exploration contract for Block 01 in the Exclusive Economic Zone (EEZ).

Orlando Pontes, head of ANP said negotiations are going well and both sides could reach an agreement “in the coming weeks.”

These negotiations are the result of the interest shown by Total E & P for oil exploration in this block, following a public call for tenders launched by ANP, last May.