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  • Galp Energia acquires an operator position in Block 6 off Sao Tomé and Principe
    édité le 27/10/2015 - Plus de news de "GALP" - Voir la fiche entreprise de "GALP"

Galp Energia acquires an operator position in Block 6 off Sao Tomé and Principe
Galp Energia, SGPS, S.A. (“Galp Energia”) informs that an agreement has been reached between the Government of São Tomé and Príncipe, Galp Energia and Kosmos Energy for the award of Block 6 offshore São Tomé and Príncipe. Galp Energia will be the operator of the block with 45% interest, together with Kosmos Energy, with a 45% interest, and the National Petroleum Agency (ANP) on behalf of the Government, with a 10% interest.

Block 6 is located in São Tomé and Príncipe Exclusive Economic Zone (EEZ) in water depths of up to 2,500 metres (m) and covers an area of 5,024 square kilometres.

Galp Energia and its partners have committed to perform several exploration activities, including seismic acquisition, during the first exploration period of four years.

This acquisition allows Galp Energia to access a frontier area as operator in a new geography, while maintaining a solid financial position.

The Company remains focused in executing its world-class development projects, most notably in Brazil and in Mozambique, while maintaining a diversified exploration and appraisal portfolio that ensures a sustainable level of production in the 2020’s decade.

About Galp Energia

Galp Energia is an energy company – finding and extracting oil and natural gas from sites across four continents to deliver energy to millions of customers every day. We drive the world a little further.
We are Portugal’s oil and natural gas integrated operator. Our activities span from exploration and production of oil and natural gas to refining and marketing oil products, natural gas marketing and sales and power generation.

About Kosmos Energy

Kosmos Energy is a pathfinding oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. We are oil finders, driven to unlock significant new petroleum systems, and to grow and mature discovered hydrocarbon basins through additional exploration success, as well as development and production.

Origine : Communiqué GALP

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