The discovery of oil in south africa
First Big Oil and Gas Discovery Made Offshore of South Africa. First Big Oil and Gas Discovery Made Offshore of South Africa. SHARE THIS ARTICLE. 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. In early-February, South Africa discovered huge reserves of oil and gas off its shores. President Cyril Ramaphosa, along with many experts, described the find as a “game-changer” and promised legislation to ensure the “world class” discovery is properly regulated to ensure it benefits all concerned. The African Energy Chamber (AEC) also hailed the first major deepwater discovery off South Africa, saying, “This is a great first step for the country which still relies on imports of oil and gas despite the great reserves believed to be in its soil and waters.” According to AEC, Total SA said it has opened up a new “world-class” oil and gas province off the coast of South Africa after making a significant gas-condensate discovery there. Success in the nation’s first deep-water well is a potential boon for a country that imports most of its oil, processing the remainder of its fuels from coal and natural gas. Apart from potential giant offshore discoveries, South Africa has shale gas resources. EIA has estimated that the country holds 390 trillion cubic feet (Tcf) of technically recoverable shale gas resources, located in the Karoo basin in the Whitehill (211 Tcf), Prince Albert (96 Tcf), Total has announced that it has made a significant gas condensate discovery 175 kilometers off the southern coast of South Africa. Mantashe said that a major oil and gas discovery could be a
1 Jul 2019 The US Energy Information Administration reports that, in October 2015, oil production in South Africa totalled 3,000 barrels per day. However,
7 Feb 2019 Total has been present in South Africa since 1954. The Group is active on the whole oil and gas value chain and directly employs 1,000 people 28 Mar 2018 In his Mozvest address, Kramer calls oil and gas “South Africa's silver bullet for economic growth, jobs, and inequality and poverty reduction.” He 3 Aug 2017 The only commercial production of oil and gas in South Africa has been in the Bredasdorp Basin, in a block operated by the Petroleum Oil and French oil firm Total recently made public its discovery of a large “gas condensate” discovery 175 kilometres off the south coast of South Africa at its “Brulpadda” prospects in the Outeniqua basin. The company says it may contain between 500 million to over a billion barrels of oil equivalent.
28 Mar 2018 In his Mozvest address, Kramer calls oil and gas “South Africa's silver bullet for economic growth, jobs, and inequality and poverty reduction.” He
Namibia, sandwiched between Angola, South Africa and Botswana, has no proven oil reserves. Tullow and its partners at the Kudu field, which holds more than 1
bique and Tanzania have discovered gas. “Africa is the last frontier in terms of the quest for resources,” said Kishan Pillay, director of oil and gas for South
20 Jan 2020 On January 7, the oil and gas companies Apache Corporation and Total SA announced a major oil find off the coast of Suriname, not far from 10 Feb 2020 Africa Oil SA Corp. gained operatorship and a 20% interest in Block exploration well on Block 11B/12B following the Brulpadda discovery in and the discovery of offshore gas reserves in South Africa, the gas industry in South In addition to coal gas and Liquid Petroleum Gas (LPG), South Africa
1 Jul 2019 The US Energy Information Administration reports that, in October 2015, oil production in South Africa totalled 3,000 barrels per day. However,
7 Feb 2020 The government of South Africa has approved Africa Oil SA Corp.'s acquisition of a 20% participating interest and operatorship of block 3B/4B 26 Nov 2019 off the southern coast of South Africa where Total has made a gas condensate discovery on the Brulpadda Opening a new petroleum basin. The Petroleum Oil and Gas Corporation of South Africa (PetroSA), is a wholly state-owned company of the Government of South Africa and registered as a 7 Feb 2019 Total has been present in South Africa since 1954. The Group is active on the whole oil and gas value chain and directly employs 1,000 people 16 Feb 2019 Many South African politicians, economists and specialists in the energy Motor oil Natural gas has been discovered in deep water south of Finalising the oil law has also become more urgent since Total SA announced the first significant deep-water discovery off the coast of South Africa in February. you to the South African Oil & Gas Alliance who endorsed our survey amongst its Mozambique alone has some of the largest reserves discovered in the last.
bique and Tanzania have discovered gas. “Africa is the last frontier in terms of the quest for resources,” said Kishan Pillay, director of oil and gas for South