
A recent discovery of mega-offshore oil fields in South Africa increases the chances of finding oil off the coast of Argentina
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 7, 2022.
In January 2022, the industry was shocked by the announcements of two major offshore discoveries in Namibia, off the coast of South Africa. Shell first announced the discovery of light oil in Graff-1 estimating a total volume of hydrocarbons in the field, which could reach 1,000 million barrels of oil.