Galp, Shell and Petrobras reached an agreement for stakes in São Tomé and Príncipe’s Block 4. With this new configuration a consortium was formed, joined by the National Petroleum Agency of São Tomé and Príncipe (ANP-STP).
Galp is the operator of Block 6, where it holds an interest alongside Shell and ANP-STP. In addition to Block 6, Galp also holds an operating position in Block 12 in partnership with Equator and ANP-STP, and a stake in Block 11, operated by Shell, with Petrobras and ANP-STP as partners.
Galp has been present since 2015, and in 2022 drilled São Tomé’s first offshore exploration well, Jaca-1. Petrobras has been active in São Tomé and Príncipe since February 2024, when it acquired a stake in Blocks 10, 11 and 13.
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