STP awards block to Oranto

The Agencia Nacional do Petróleo, ANP-STP, has awarded block 3 of its First Licensing Round to Oranto Petroleum.

Offshore staff

SÃO TOMÉ, STP – The Agencia Nacional do Petróleo, ANP-STP, has awarded block 3 of its First Licensing Round to Oranto Petroleum. The block covers 4,228 sq km (1,632 sq mi) in zone A of the Exclusive Economic Zone between STP and Nigeria.

According to STP regulation, a production sharing contract will be negotiated to develop the block.

05/09/2011

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