Galp Energia and its partner Kosmos Energy have been awarded stakes in Block 6, offshore São Tomé and Príncipe (STP). The block is located in STP’s Exclusive Economic Zone.
The tiny island nation awarded Galp and Kosmos each a 45% interest in the block with the country’s regulatory authority, the São Tomé and Príncipe National Petroleum Agency, retaining the remaining 10%. Galp will be the block’s operator.
During the first exploration period the partners have committed to the acquisition of seismic.