TotalEnergies has, for the primary time, revealed the large scale of fuel sources it has found in Block 11B/12B offshore South Africa, which it plans to spend $3 billion to use.
Ever since unveiling the Brulpadda and Luiperd discoveries in 2018 and 2020, the French supermajor has been noticeably reticent to debate the size of those sources in a public setting.
However there was by no means a doubt these finds had been huge, in any other case the operator wouldn’t have cast forward with a mission in such a harsh metocean setting — epitomised by big waves and quick currents — based mostly on the outcomes of solely two exploration wells.