Total has taken over a 50% interest in an Outeniqua Basin prospect, South Africa, the company announced today.
The block – previously owned by Canadian Natural Resources – is located around 175 kilometres off the south coast of the country and ranges in depth from 200 to 1,800 meters.
The French international has also become the operator of the 19,000 square kilometre prospect and is set to start drilling next year.
“South Africa’s deep offshore, in particular the Outeniqua Basin, is one of the few remaining under-explored offshore regions in Africa,” said Marc Blaizot, senior vice president of exploration at Total.
“The results of the upcoming exploration well will be decisive, especially in terms of operability of the area in such a harsh environment.
“As the operator, we will leverage our recognized deep offshore expertise and experience in challenging waters such as the North Sea and the Barents Sea, to quickly appraise the potential of this acreage.”
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