Africa Monitor

Africa Monitor Intelligence

Sao Tome and Principe: Government Turns to Dormant Oil Sector

Given the lack of effective progress on the part of most oil investors - dominated by Shell, Galp Energia, Total Energies, Petrobras or Kosmos Energy - the new government of AMÉRICO RAMOS is trying to revive the sector, predicting progress by the end of 2026 in drilling operations in some of the blocks awarded. READ MORE