Total discovers oil in deep offshore Ivory Coast

French oil major Total said on Thursday it discovered oil in a deep offshore area west of Ivory Coast.

“This well is the first discovery in the San Pedro Basin, a frontier exploration area in Ivory Coast,” Total senior vice president for exploration Marc Blaizot said in a statement.

“Having confirmed the presence of a petroleum system containing light oil, we will next evaluate this very promising find and focus on its extension to the north and east.”

Reuters