Your account has been succesfully created.;

24-hour free access to all articles published in the last 3 months
ACTIVATE YOUR ACCESS

Subscribe now

SAO TOME AND PRINCIPE SECTION

Since 1992

Past year

Past 6 months

Specific time period

Oil 11/04/2017

How Oranto is expanding his empire

Arthur Eze’s firm is on track to acquire a new block in the countries’ joint development zone. Revelations. [...] [...]

Oil 13/12/2016

Sonangol and Sinopec ejected from offshore

The question of oil could throw a spanner into diplomatic [...] [...]

Oil 15/11/2016

The reasons behind key Galp-Kosmos tie-up

The Portuguese company has been betting a lot, and for a long time, on the American junior’s geological expertise. [...] [...]

Oil 20/09/2016

Mystery firm Papis becomes operator on block 1 in the JDZ

Block 1, the most promising concession in the exploration zone between Nigeria and Sao Tome % Principe, has changed operator. [...] [...]

Oil 20/09/2016

Kosmos makes key appointment to push ahead on EEZ

This summer the American junior Kosmos Energy promoted American geologist [...] [...]

Oil 19/04/2016

Oando's great deal with Kosmos

Flatlining ever since an abortive licensing round in 2011, Sao Tome’s economic zone will get a fresh lease on life with Kosmos’ arrival. And it’s only the first step in an ambitious program. [...] [...]

Oil 22/03/2016

Changes needed to save the Joint Development Zone

A joint commission between Nigeria and Sao Tome y Principe and chaired by the two countries’ heads of state is [...] [...]

Oil 09/02/2016

The people behind the mysterious Sinoangol firm

Sinoangol, a joint venture between state-owned Chinese and Angolan groups, is making discreet headway in Sao Tome’s offshore. [...] [...]

Oil 24/11/2015

JDZ still a long way from producing

The Joint Development Zone (JDZ) between Nigeria and Sao Time underwent a number of changes a few months ago: the [...] [...]

Oil 27/10/2015

Terms of the deal between ERHC and Kosmos

Kept under wraps for months, negotiations between the boss of ERHC, Peter Ntephe, and Kosmos Energy concerning block 11 in [...] [...]

Oil 14/07/2015

ERHC seeks partners

The American explorer ERHC Energy headed by Peter Ntephe (and partly controlled by the Chrome Group owned by Nigerian millionaire [...] [...]

Oil 20/01/2015

How to revive a moribund JDZ?

Sao Tome and Nigeria are trying to kick-start exploration in the joint development zone following the departure of the majors. And that won’t be easy with oil falling to $45. [...] [...]

BUSINESS CIRCLES 07/10/2014

ERHC’s $100 million bet

The U.S. firm ERHC Energy Inc. (ERHC) plans to spend [...] [...]

CORRIDORS OF POWER 29/10/2013

Sinoangol goes whole hog

Sinoangol STP, a subsidiary formed out of an alliance between [...] [...]

BUSINESSMEN 02/07/2013

Fernando Manquengo

In the wake of Luis Prazeres’ appointment as president of the Nigeria & Sao Tome Petroleum Joint Development Authority, his [...] [...]

CORRIDORS OF POWER 30/04/2013

Sinopec lies behind Sinoangol

According to our sources, China’s Sinopec is the financial and [...] [...]

BUSINESSMEN 30/04/2013

Luiz Prazeres

There will soon be a new head of the Nigeria/Sao Tome e Principe Joint Development Authority that manages the joint [...] [...]

BUSINESSMEN 05/02/2013

Osvaldo Abreu

For the first time in long years the minister in charge of oil issues in Sao Tome is a specialist [...] [...]

BUSINESSMEN 23/10/2012

Jorge Dos Santos

In the wake of a drilling campaign in July on block 1 operated by France’s Total, some officials on the [...] [...]

Oil 26/06/2012

Sinopec stirs Abuja’s ire over JDZ

The Chinese major keeps putting off informing the authorities about the results of drilling in the Joint Development Zone, to the irritation of both Abuja and Sao Tome. [...] [...]

Oil 26/06/2012

China Sonangol could buy into EEZ

Accustomed to empty promises by executives of Sonangol up to now, Sao Tome could shortly see Angolan investors arriving in its offshore. [...] [...]

BUSINESS CIRCLES 27/03/2012

Gunvor invests in a port

The Gunvor trading company penned a memorandum of understanding with [...] [...]

CORRIDORS OF POWER 24/05/2011

Ex colonies help each other

The boss of East Timor’s Autoridade National do Petroleo, Galdino [...] [...]

Oil 10/05/2011

EEZ: First phase completes

The small companies that won the blocks in Sao Tome’s exclusive economic zone (EEZ) are discussing the terms of their work programme and signature bonuses. [...] [...]

Oil 07/12/2010

Majors Shun Offshore

The Sao Tome government put back the deadline for a [...] [...]

Refine your search

By continuing your visit to this site, you accept the use of cookies allowing us to adapt and enhance your experience.

How Iskandar Safa sells his ships in Africa

How major African port operator Necotrans was brought to its knees

President Filipe Nyusi’s northern allies on the look-out for good deals

Mohamed Ould Bouamatou, a self-made man who has become Mauritania’s leading business man