Total will drill an ultra deepwater well off the coast of Angola that will be the deepest in the world, Bloomberg reports , citing Maersk Drilling, which has been hired for the drilling operation. The well will be more than two miles below the surface and deeper than the previous record holder, also in a Total-operated field: the Raya-1 in Uruguay, which was completed in 2016. The project is bound to be welcomed by Angola, which has been struggling to reverse a persistent decline in its oil production, chiefly as a result of underinvestment. Even so, Angola is still the second-largest oil producer in sub-Saharan Africa, with an output of almost 1.4 million bpd, according to U.S. government data from last year. This is much lower than Angola’s production capacity. The country has proven resources of 9 billion barrels of oil and 11 trillion cu ft of natural gas. […]