South Africa: France's Total Makes Second 'Significant' Gas Find Off SA's Southern Coast

analysis

The discovery comes amid a general lull in exploration activity in response to lower prices and collapsing hydrocarbon demand.

French oil major Total said in a statement that it had "made a significant gas condensate discovery on the Luiperd prospect ... in the Outeniqua Basin, 175km off the southern coast of South Africa. This discovery follows the adjacent play-opening Brulpadda discovery in 2019, which proved a significant new petroleum province in the region."

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