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Exploration - 09 September 2011

Total makes big discovery in Caspian Sea

Total has made a major gas discovery in the Caspian Sea in the Absheron block offshore Azerbaijan. The Absheron X-2 well has encountered more than 500 ft of cumulated net gas pays within high quality sands on the northern flank of a major 270 km2 structure. Reservoirs are expected to extend over the entire northern part of the structure.

 

Energy is a solution to the jobs problem

The American Petroleum Institute has told Obama that American energy development is ‘critical’ solution to jobs problem.