Portuguese group Galp Energia will spend over US$100 million in oil prospecting in Block 6 of the Economic Exclusive Zone of São Tomé and Príncipe, in partnership with Cosmos Energy, said Monday in São Tomé the chairman of the group.
Carlos Gomes da Silva, who made the statement at a ceremony to formalise the agreement with the National Petroleum Agency of São … More
Portuguese oil group Galp Energia will make its debut as leader of a consortium for oil exploration in São Tomé and Príncipe, and the respective agreement is due to be signed next Monday, announced the CEO of the group.
Carlos Gomes da Silva said the deal had been approved by the National Oil Agency of São Tomé and Príncipe, “and on Monday … More
São Tomé and Príncipe’s national ports manager, ENAPORT has paid 300,000 euros for a tugboat acquired in Portugal from Portuguese port manager Administração dos Portos do Douro, Leixões e Viana do Castelo, according to pan-African news agency Panapress.
The boat, named “Liberdade” (Freedom), docked Saturday at the port of Ana Chaves, after a 21-day trip with a stop in Cabo Verde (Cape … More
After 2014 was marked by an unprecedented visit to China by a president of São Tomé and Príncipe, the archipelago will now receive a huge Chinese investment in order to become the “Dubai of Africa.”
The deep-water port costing an estimated US$800 million and whose construction was awarded to a Chinese group was presented in October by the government of São Tomé and Príncipe to investors in London, where the Prime Minister Trovoada in an interview with the Independent on Sunday, defended the archipelago’s “business plan”. … More
São Tomé and Príncipe has raised US$2 million in oil bonuses as a result of an agreement signed with Portugal’s Galp Energia in partnership with US-based Kosmos Energy, aimed at offshore oil exploration in the archipelago, the National Oil Agency of São Tomé, ANP-STP announced Tuesday.
In a statement signed by director Orlando Sousa Pontes, the National Oil Agency noted … More
The president of São Tomé and Príncipe, Manuel Pinto da Costa Monday inaugurated the new runway at the airport on the island of Príncipe, an investment by South African group HBD of about US$18 million – announced the president of the regional government, José Cardoso Cassandra.
Cassandra said the new runway extended from 1,200 to 1,750 metres in length, compatible … More
Portuguese company Efacec will build a power station in São Tomé and Príncipe with an installed capacity of 6 megawatts, costing 5.2 million euros that will be paid by Portugal, an official from the archipelago’s water and electricity company said Tuesday.
The official told Portuguese news agency Lusa that work to build the Santo Amaro 2 power station began this week and … More
São Tomé and Príncipe and Equatorial Guinea will try to formalise, in December, a proposal for a partnership for oil exploration on their common border, the Prime Minister of São Tomé and Príncipe said Monday in São Tomé.
At the end of a meeting with the president of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, who paid an official visit to São Tomé … More