Massive find for Total off the South African coast
Total E&P, the French Oil giant, that we are proud to service, has announced a major discovery 275 km south of Mossel Bay.
According to their estimates, the well could yield up to 1 billion barrels of gas. In comparison, ExxonMobile discovered 895 million barrels worldwide in 2018.
However, the well is located 3,633 m deep offshore in an area of strong oceanic currents and heavy winds, making the extraction a real engineering feast!