Search

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

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
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 »

Recent Politics

Oil tankers silhouetted against a vibrant sunset over the Pacific Ocean. Photo by Soly Moses @Pexels
Who should control Namibia’s oil? Presidency power grab divides nation
Read More »
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Why Nigeria’s Osun vote could foreshadow 2027 turmoil
Read More »
Patrice Talon, Former President of Benin Photo @Patrice Talon/Facebook
Who really governs Benin? Ex-president Talon still holds the keys
Read More »

Latest Posts

Latest news insights