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 During 2019, Galp has decided to withdrawn from block 5, where it was present.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.
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