Africa Monitor

Africa Monitor Intelligence

Sao Tome and Principe: Oil Crisis Shakes Up Exploration Projects

The governments of São Tomé and Príncipe and Equatorial Guinea maintain the goal of starting, in late 2021, offshore oil production in the Special Joint Exploration Zone (ZEEC), located in the maritime border area between the 2 countries, under an agreement signed in OCT.2019. The ZEEC project was started in 2016 by former PM PATRICE TROVOADA. READ MORE