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EXPLORATION

TotalEnergies joins Shell in striking major Namibia find

French multinat considers 1.5 billion barrels of oil present

Jonathon Davidson
File photo: TotalEnergies worker onsite an offshore asset

File photo: TotalEnergies worker onsite an offshore asset

The well is in ultra-deep waters of 3000m where pre-drill estimates reflected an estimated 1.5 billion barrels of oil. Total first spud Venus-1 in early December last year using the Maersk Voyager rig...

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