ENI discovers 1.4 billion barrels of oil in Côte d’Ivoire

Barrels of oil. Photo by Atik sulianami @ Unsplash
Barrels of oil. Photo by Atik sulianami @ Unsplash
  • ENI discovers 1.4bn boe at Calao Sud
  • Abidjan targets 200,000 bpd by 2030

 

ABIDJAN, CÔTE D’IVOIRECôte d’Ivoire has announced a major offshore oil discovery, marking its fourth significant find in five years and reinforcing its ambition to become a leading West African energy producer.

Authorities confirmed that the Calao Sud project, located on block CI-501 in the country’s sedimentary basin, was discovered by Italian energy giant ENI in partnership with state-owned PETROCI Holding. ENI will oversee development of the block.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Is Senegal drifting towards default as political rift deepens?
Read More »

Recent Politics

Planes on the tarmac of an airport. Photo by Max Chen @ Pexels
Can Togo become West Africa’s aviation hub after going visa-free?
Read More »
Policeman on the street of Addis Ababa, Ethiopia. Photo by Hailegebrel Nigussie @ Unsplash
Ethiopia’s national dialogue begins with legitimacy already on trial
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Can Nigeria’s war on terror financing succeed where military force has struggled?
Read More »

Latest Posts

Latest news insights