TotalEnergies believes that its Venus-1 oil discovery ofshore southern Namibia in February could be a"supergiant”."It’s too early to tell, as the extent and deliverability of the discovery still have to be confrmed by an appraisal, but it has all the markings of a supergiant,” vice-president of exploration, Kevin McLachlan, says. A supergiant oil feld contains at least 5bn bl of ultimately recoverable oil or gas.
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