ANGOLA - OIL - TOTAL - deepwater drilling

Oil firm Total set for deep-water drilling off Angola

French oil company Total said it would proceed with new drilling off the coast of Angola, despite the International Energy Agency's warning that the BP Gulf of Mexico spill had left deep-water oil exploration on a "knife edge".

Angola deepwater oil drilling

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Cravo, Liro, Orquidea and Violetta fields

140 km from the Angolan capital Luanda

deepwater drilling

Total said it will begin work on the Cravo, Liro, Orquidea and Violetta fields about 140 kilometres (90 miles) from the Angolan capital Luanda in water depths of between 1,000 and 1,400 metres (3,250 and 4,550 feet).

The fields contain about 500 million barrels of oil, with production slated for 2014, Total said.

source: france24.com/en africanoiljournal.com