“It’s massive”: TotalEnergies makes huge oil discovery off Namibia with “exceptional” Venus-1 wildcat

Sources describe French supermajor’s ultra-deepwater discovery — where pre-drill resources stood at about 1.5 billion barrels — as “an elephant” find

All smiles: TotalEnergies' chief executive Patrick Pouyanne will be delighted with results from the Namibian exploration probe
All smiles: TotalEnergies' chief executive Patrick Pouyanne will be delighted with results from the Namibian exploration probePhoto: AFP/SCANPIX
Published 23 February 2022, 18:09Updated 25 February 2022, 12:22
NamibiaTotalEnergiesVenusAfricaSub-Saharan Africa