AGP Executive Report
Last update: 5 hours agoOil Licensing Push: Sao Tome and Principe has launched a fast-track licensing round for three ultra-deepwater blocks west of the islands, offering stakes up to 85% to companies and reserving 15% for the state, with bids due by 30 June and a $25,000 submission payment. Where It’s Drilling: Blocks 7 and 8 sit immediately west of Principe (Block 8 south of two TotalEnergies areas), while Block 9 lies west/northwest of Sao Tome and borders Shell’s Falcao-1X area; water depths range from just under 2,000m to about 3,500m. Sports & Regional Links: Tunisia named its 2026 World Cup squad, with Sao Tome and Principe noted in the qualification group that Tunisia topped. Global Context: The week also carried broader signals on shifting trade and travel—China’s growing role in world goods trade and fresh passport-access changes across Africa.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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