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Petrobras buys down Oranto’s stake in STP block, expands Africa footprint
Frank Okon Brazil’s state-controlled oil major Petrobras has agreed to acquire a 75% operating stake in offshore Block 3 in São Tomé and Príncipe from Nigerian independent Oranto Petroleum Limited, in a move that deepens its renewed push into African…
Nigeria’s Atlas Oranto Petroleum signs exploration deal with Venezuela
Sopuruchi Onwuka Nigerian independent petroleum company, Altas Oranto Petroleum, has reached an agreement with the Venezuelan government to drive exploration in the Venezuelan the Deltana platform. The signing of the exploration agreement witnessed said Venezuelan President Nicolás Maduro on August…
