A massive oil and gas rig has just arrived in Cape Town as part of a R7 billion drilling deal
Mineral Resources and Energy Gwede Mantashe has announced the arrival of the DeepSea Stavanger oil and gas drill rig in Cape Town. The rig has been commissioned by petroleum giant Total and its partners to drill the Luiperd prospect in Block 11B/12B off the Mossel Bay coast, Western Cape. “The arrival of the drill rig, following the recent successful Brulpadda discovery, reaffirms confidence in South Africa as an investment destination […]