Nigerian billionaire Arthur Eze's Oranto sells 75% stake in São Tomé Block 3 to Petrobras
Billionaires Africa | 18.04.2026 01:51
Brazil's state oil company Petrobras is buying deeper into the Gulf of Guinea, acquiring a 75% operating stake in Block 3 offshore São Tomé and Príncipe from Nigerian billionaire Arthur Eze's Oranto Petroleum in its latest African expansion move.