Total Strikes Gas Offshore Gabon, West Africa
Monday, August 19, 2013

Total has discovered gas condensate in deep waters off the coast of Gabon, raising hopes for other explorers in the region reports Reuters, quoting the French oil major.

The discovery, made in a layer of the ocean bed referred to as pre-salt, follows other regional finds in Ghana and Ivory Coast, where Total struck oil earlier this year.

Pre-salt exploration in west Africa, which involves expensive drilling thousands of feet below the ocean surface, is at an early stage of development in these waters, relative to fields in Brazil .

Source: Reuters

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