Upstream in São Tomé and Príncipe

Present in São Tomé and Príncipe since 2015, Galp acquired a 45% stake in Block 6, where it is the operator. In 2016, Galp expanded its presence with the acquisition of a 20% stake in blocks 5, 11 and 12. During 2019, Galp has decided to withdrawn from block 5, where it was present.

In 2017, a 3D seismic acquisition campaign was initiated, covering an area of 16 thousand km² along all blocks. Galp is currently conducting geological and geophysical studies, particularly in block 6, where it has already identified one drill-worthy prospect.

The block is located in the country’s Exclusive Economic Zone, in an underexplored but high potential area, as it is close to provinces with a proven oil system.