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Block 3 Offshore São Tomé and Príncipe Oil and Gas Operation

Sector: Oil and Gas • Location: São Tomé and Príncipe

Source: CPG Click Petróleo e Gás

Project
Awarded

Petrobras has signed a contract to buy 75% of Oranto's stake and become the operator of block 3 offshore São Tomé and Príncipe. This move is part of Petrobras' strategy to diversify its portfolio and replenish oil and gas reserves by exploring new frontiers in Africa. The consortium after the transaction consists of Petrobras (75% and operator), Oranto (15%), and the National Petroleum Agency of S

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The project “Block 3 Offshore São Tomé and Príncipe Oil and Gas Operation” is an infrastructure initiative in the Oil and Gas sector, located in São Tomé and Príncipe. Taiyo aggregates data on it from CPG Click Petróleo e Gás.

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Participants

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Status

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awarded

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Description

Description

Petrobras has signed a contract to buy 75% of Oranto's stake and become the operator of block 3 offshore São Tomé and Príncipe. This move is part of Petrobras' strategy to diversify its portfolio and replenish oil and gas reserves by exploring new frontiers in Africa. The consortium after the transaction consists of Petrobras (75% and operator), Oranto (15%), and the National Petroleum Agency of São Tomé and Príncipe (10%).

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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