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Landmark Oil Find Off South Africa Opens Prospect of Drilling Rush

By Paul Burkhardt (Bloomberg) — South Africa’s first deep-water discovery, reported Thursday by French oil major Total SA, may prompt a rush of activity offshore by competitors as the country works to cut its reliance on imported fuels. The Brulpadda find, estimated at about 1 billion barrels by Total Chief Executive Officer Patrick Pouyanne, could be enough […]

WP_Post Object ( [ID] => 197646 [post_author] => 21 [post_date] => 2019-02-07 16:24:18 [post_date_gmt] => 2019-02-07 16:24:18 [post_content] => drillshipBy Paul Burkhardt (Bloomberg) — South Africa’s first deep-water discovery, reported Thursday by French oil major Total SA, may prompt a rush of activity offshore by competitors as the country works to cut its reliance on imported fuels. The Brulpadda find, estimated at about 1 billion barrels by Total Chief Executive Officer Patrick Pouyanne, could be enough […] [post_title] => Landmark Oil Find Off South Africa Opens Prospect of Drilling Rush [post_excerpt] => By Paul Burkhardt (Bloomberg) — South Africa’s first deep-water discovery, reported Thursday by French oil major Total SA, may prompt a rush of activity offshore by competitors as the country works to cut its reliance on imported fuels.... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => landmark-oil-find-off-south-africa-opens-prospect-of-drilling-rush [to_ping] => [pinged] => [post_modified] => 2019-02-07 16:24:18 [post_modified_gmt] => 2019-02-07 16:24:18 [post_content_filtered] => [post_parent] => 0 [guid] => http://gcaptain.com/?p=132558 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )