Shell Wins Bid for SA Orange Basin

5 November 2009 (Last Updated November 5th, 2009 18:30)

Shell has won a bid to explore the Orange Basin deepwater area near South Africa's west coast, the South African Petroleum Authorities have announced. The exploration area is spread across 37,000km², located in water between 500m and 4,000m deep that has seen limited exploration to

Shell has won a bid to explore the Orange Basin deepwater area near South Africa's west coast, the South African Petroleum Authorities have announced.

The exploration area is spread across 37,000km², located in water between 500m and 4,000m deep that has seen limited exploration to date.

Shell executive vice-president international exploration Ceri Powell said that the Orange Basin was a big frontier exploration opportunity.

This is the first time Shell will conduct oil and gas exploration work in South Africa.