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© APTotal SA CEO Christophe de Margerie
French multinational oil and gas company Total S.A. has announced a major gas discovery in the Caspian Sea. First results confirmed "a potential of several trillion cubic feet of gas and associated condensates".

The discovery has been in the Absheron block off the coast of Azerbaijan. The Absheron X-2 well is at a depth of 6,550 meters and the company will continue drilling to explore and tested again to better confirm the reservoir potential.

Total also announced a hydrocarbon discovery in French Guiana's offshore Guyane Maritime license today.