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Home Trading News Commodities

TotalEnergies to drill offshore South Africa, targeting major discoveries

August 13, 2025
in Commodities
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TotalEnergies to drill offshore South Africa, targeting major discoveries
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(Bloomberg) — TotalEnergies SE is planning a contemporary drilling marketing campaign offshore South Africa in an enormous basin that features main oil discoveries in neighboring Namibia. 


Complete’s South African unit expects to drill as many as seven wells within the Deep Western Orange Basin in waters about 211 km (131 mi) off the coastal city of Saldanha Bay, in keeping with SLR Consulting, an impartial environmental evaluation firm. A draft environmental evaluation is on the market for public remark till Sept. 10.

Complete “hopes to start to drill South Africa targets” from subsequent 12 months, Chief Government Officer Patrick Pouyanne mentioned in an earnings name final month.

Complete and rival oil main Shell Plc are ramping up preparations to drill in South Africa after discoveries in 2022 throughout the maritime border in Namibia which have turned the realm into one of many continent’s exploration hotspots.

Shell plans to drill as many as 5 wells throughout the Northern Cape Extremely Deep license block off the coast of South Africa, in keeping with a discover by SLR final 12 months. It was granted an environmental authorization for the mission on June 30, the corporate mentioned in a subsequent publish.

Environmental teams in recent times have had a number of victories in courtroom to efficiently block some exploration exercise offshore South Africa.



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Tags: AfricadiscoveriesDrillmajoroffshoreSouthtargetingTotalEnergies
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