La Society Brazilian oil company Petrobras announced that it has acquired stakes in exploration blocks 10, 11 and 13 in the offshore São Tomé and Príncipe offshore

L' entreprise pétrolière publique du Brésil, petroBras wants to reposition itself in a fast-growing African oil and gas market. For this reason, in early January, it formalized the acquisition from Shell of a 45% stake in blocks 10 and 13, and 25% in block 11, all three located in the territorial waters of São Tomé and Príncipe. Through these operations,Petrobras style="font-family: "Bookman Old Style”, "serif"> is reinvesting a sector that it had nevertheless abandoned a few years earlier following its withdrawal from Nigeria where the company held interests in particular in the Egina, Agbami and Akpo producing fields