AGP Executive Report
Last update: 8 hours agoIndependence Anniversary: São Tomé and Príncipe marked its 51st independence anniversary with President Carlos Vila Nova urging unity and peace as the country looks ahead to elections and tackles tough economic and social priorities. Energy & Oil: The petroleum regulator ANP-STP says it will not award any exploration licenses from its just-finished bid round for ultra-deepwater blocks 7, 8 and 9, citing proposals that failed to meet state criteria, including operator diversity. Electricity Sector Modernisation: TECMON Energy wrapped up a working visit to São Tomé and Príncipe (29 June–2 July) to discuss stabilising and modernising the national electricity sector, including generation, grid efficiency, metering and revenue protection. Offshore Oil Deal: Petrobras has completed its acquisition of a 75% stake and operatorship in offshore Block 3, with Oranto holding 15% and the National Petroleum Agency holding 10%, expanding Petrobras’ West Africa exploration footprint.
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