Sao Tome: Four bid on new EEZ blocks

The government has short-listed four companies to bid on two oil blocks in its exclusive economic zone (EEZ), according to a statement from the state Agência Nacional do Petróleo. São Tomé announced a licensing round for blocks 1 and 6 in January. The statement said Galp Energia’s Petrogal subsidiary and New World Oil and Gas had expressed interest in both blocks. AIM-listed New World is headed by executive chairman Bill Kelleher, who was a founder of Cameroon gas producer Victoria Oil & Gas.