Post by
hikari on Sep 06, 2022 2:44pm
Brulpadda and Luiperd
SEP 6, 2022
CAPE TOWN, Sept 6 (Reuters) - TotalEnergies TTEF.PA has lodged its production licence application for Block 11B/12B offshore South Africa, the national petroleum regulator said on Tuesday, before a deadline expired which might have seen the oil major forfeit its right to develop the huge discovery.
TotalEnergies discovered two large gas fields, Brulpadda and Luiperd, in offshore block 11B/12B about 175 km off South Africa's southern coast in 2019 and 2020.
The application was filed on Monday and "will be assessed for completeness over the next 14 days", the Petroleum Agency of South Africa (PASA) told Reuters in an email.
In March, the chief executive of PASA said if TotalEnergies did not submit its production licence application by September when its exploration licence expired, the block would revert back to the market.
Developing the block is seen as a vital pillar of South Africa's gas energy ambitions, with the development of the Luiperd prospect potentially connecting to an existing offshore platform run by national oil company PetroSA via a sub-sea pipeline of less than 100 kilometres (62.14 miles).
PetroSA's 45,000 barrel per day gas-to-liquid refinery in Mossel Bay is virtually at a standstill as production has plummeted due dwindling gas feedstock off South Africa's southern coast.
TotalEnergies joint venture partners in Block 11B/12B include QatarEnergy and Canadian Natural Resources
Comment by
Lonegaurdian19 on Sep 08, 2022 6:53am
I like it, got to get some of the portfolio monetized. Glad to see progress on at least one of KH's boondoggles. Dude did stay the course so I hope he gets another 3 months before he's axed and thrown in the heap of aweful CEOS. Can milk the cow forever with promises