Entreprise Tunisienne d'Activités Pétrolières (ETAP) is a state-owned industrial and commercial company in Tunisia directly in charge of the petroleum sector as well as the state's partnerships with foreign exploration and production operators.
ETAP was created by law N°72-22 on 10 March 1972, to manage petroleum exploration and production activities on behalf of the Tunisian government.
By the end of 2005, ETAP had issued 41 permits (26 onshore and 15 offshore), leading to an increase in total investment in petroleum exploration to US$135 million.
[3] In February 2006, Tunisia awarded PetroCanada and Anadarko a two-year production sharing agreements (PSAs) with ETAP for the Cape Sirat and Bashtar blocks.
On March 20, 2007, Lundin Petroleum AB announced that ETAP decided to exercise its participation option to acquire a 20% interest in the Oudna field, offshore Tunisia.