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Since the 1800s, the economy of São Tomé and Príncipe has been based on plantation agriculture. At the time of independence, Portuguese -owned plantations occupied 90% of the cultivated area. After independence, control of these plantations passed to various state-owned agricultural enterprises. The dominant crop on São Tomé is cocoa ...
São Tomé and Príncipe is a Portuguese-speaking island nation in the Gulf of Guinea, off the western equatorial coast of Central Africa. It consists of two archipelagos around the two main islands: São Tomé and Príncipe, located about 140 kilometres (87 miles) apart and about 250 and 225 kilometres (155 and 140 miles), respectively, off ...
São Tomé and Príncipe, [ a ] officially the Democratic Republic of São Tomé and Príncipe, [ b ] is an island country in the Gulf of Guinea, off the western equatorial coast of Central Africa. It consists of two archipelagos around the two main islands of São Tomé and Príncipe, about 150 km (93.21 mi) apart and about 250 and 225 km (155 ...
Kosmos Energy is an American upstream oil company founded and based in Dallas, Texas.While previously incorporated in Bermuda, Kosmos has reincorporated in Delaware.The company holds production and development operations offshore Ghana, Equatorial Guinea, and Gulf of Mexico, while holding a development project offshore Mauritania and Senegal, and exploration licenses offshore Namibia, São ...
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Block 1 is located about 300 km north of São Tomé and Príncipe and about 200 km south of the city of Port Harcourt in Nigeria. [1] A second licensing round for Blocks 2 through 6 was opened for bids in 2005. Energy Inc. of the United States ( ERHC) won the rights to these blocks and, in March 2006, the company signed a series of production ...
ERHC, is a publicly traded American corporation with oil and gas assets in Sub-Saharan Africa. [1] [2] The company has oil and gas exploration interests in the Republic of Kenya, Chad and São Tomé and Príncipe. Oil and gas explorations are also located in the Principe Exclusive Economic Zone (EEZ) and the Nigeria-São Tomé and Príncipe ...
In 2006, a company named Exem Energy BV acquired, in exchange for a US $11 million loan from Sonangol, a 6% stake in multibillion dollar Portuguese international energy company Galp Energia worth US$ 750 million through shares in holding companies Amorim Energia, which holds a 33.45% share in Galp, and Esperaza, which holds a 45% stake in Amorim.