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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’IVOIRE – Côte 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.

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