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Ooops, sorry, Kingpin already posted this article on drilling in STP.

ND9
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Sao Tome and Principe begins first oil drilling in the Exclusive Economic Zone
04.30.2022 at 18:37
LUSA

Sao Tome and Principe began, about a week ago, the first oil drilling in its Exclusive Economic Zone (EEZ), which is taking place "within normality" in a block owned by Shell and Galp, an official source announced.

In a press release, the National Petroleum Agency of Sao Tome and Principe (ANP-STP) mentioned that the drillship Maersk Voyager, which is conducting the operation, entered the Sao Tome EEZ last Sunday and was accompanied to the location of the 'Jaca' well in block 6, by the Portuguese Navy patrol vessel 'Zaire', which is on a maritime training mission for the Sao Tome and Principe Coast Guard.

"The drilling campaign started the following day [Monday], and operations are proceeding within normal limits," said the office of the executive director of the ANP-STP director.

The statement cites the executive director of the ANP-STP, Luiz Gamboa, who highlighted the operation as an "important step" for the collection of oil information in the Sao Tome and Prince EEZ.

"The start of exploration drilling at the Jaca well marks an important stage because it will allow, for the first time, the collection of more accurate information about our EEZ," said Luiz Gamboa.

The newly sworn-in director of the ANP-STP added that "the priority of the consortium formed by Galp, Shell and ANP-STP is the safe execution of the Jaca operations to achieve the objectives of the well and collect quality data for its evaluation."

Speaking to Lusa, by telephone, Luiz Gamboa explained that "the operations will last about 60 days with a view to installing the minimum equipment for the stability of the hole and it will take another 45 days to carry out the study and declare or not the reliability of the area" .

In December last year, ANP-STP and shell and Galp representatives promoted a round of presentations to the holders of the sovereignty bodies and local, regional and civil society powers in São Tomense, in order to share the information on this project, which, according to the former director of ANP-STP, Olegário Tiny, has been awaited "with expectation" by the St. Tomes for more than 20 years.

At the time, Olegário Tiny clarified that from a financial point of view the beginning of drilling does not translate "any immediate direct impact" on the country's economy, but, "from the point of view of geological knowledge of the area, this first hole can have a very great importance".

"It creates an expectation, not only for the population and the authorities, but for all the partners in the area," said the former director of ANP-STP, noting that "everyone is waiting."

https://visao-sapo-pt.translate.goog/atualidade/mundo/2022-04-30-sao-tome-e-principe-inicia-primeira-perfuracao-de-petroleo-na-zona-economica-exclusiva/?_x_tr_sl=pt&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc