Supermajors circle as scale of key Orange basin block’s oil and gas riches revealed

Farm-out process under way as Block 3B/4B offshore South Africa thought to hold 3 billion barrels of oil and 5.5 trillion cubic feet of gas

In focus: A woman waves a South African flag near Johannesburg.
In focus: A woman waves a South African flag near Johannesburg.Photo: AP/SCANPIX
Published 9 March 2023, 13:15Updated 15 March 2023, 13:11
South AfricaOrange basinAfrica OilShellTotalEnergies