The Brulpadda find is located offshore of Mossel Bay. (Supplied/ TotalEnergies)
SA’s oil and gas industry is waiting with bated breath to hear if TotalEnergies will indeed exit the gas discoveries off the coast of Mossel Bay – a move which would follow hot on the heels of Canadian giant CNR International, which washed its hands of the project a few days ago.
As a multinational oil and gas major, TotalEnergies is the operator of block 11B/12B, holding a 45% stake. It is responsible for carrying out all prospective activities.
A $400 million investment in exploration has yielded two major discoveries there — a one billion barrels equivalent gas find at the Brulpadda well in 2019, followed by another major discovery at the nearby Luiperd well in 2020.
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