Why would TotalEnergies be risking activist wrath, court bans, and, ultimately, the possibility that the Orange Basin's oil and gas abundance does not extend all the way to Block3B/4B
Two environmentalist groups have challenged in court French oil major TotalEnergies’ plans to drill five wells offshore South Africa. The groups seek to stop the drilling, claiming that the environmental impact assessment was not done according to requirements. This is not the first time activists are challenging oil exploration in South Africa. It won’t be the last. But the French supermajor does not seem too bothered by it.
There is also no regulatory clarity because the South African government has been slow in adopting a Petroleum Resources Development Bill, blaming the delays on those same activists that won over Shell, per a review of the South African oil situation by Energy Intelligence. There is also the issue of corruption, but against the above background, this may actually be a relatively minor nuisance corruption is popular across the world, and chances are TotalEnergies knows how to handle it.
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