TotalFinaElf to Begin Deepwater Drilling Program Offshore Angola

TotalFinaElf has announced plans to drill its first deepwater well offshore Angola in mid-October using the semisubmersible, Leiv Eiriksson. The exploration well will be drilled in an area which has yet to yield any discoveries. It is estimated that approximately $2.1 million has been spent by oil majors vying for exploration rights to Angola's deepwater concessions. The first well to be drilled, Guidung-1, is located on Block 32.

Our Privacy Pledge

Most Popular Articles
Related Articles

Brent Crude Oil : $56.43/BBL 0.40%
Light Crude Oil : $50.55/BBL 0.27%
Natural Gas : $2.95/MMBtu 5.44%
Updated in last 24 hours