The President of Côte d’Ivoire, Alassane Ouattara and the Chief Executive Officer of Eni, Claudio Descalzi have announced a major discovery in block CI-205, offshore Côte d'Ivoire.
The discovery, named Calao, stands as the second largest in the country, following the Baleine field discovered by Eni in September 2021 Abidjan (Côte d’Ivoire).
Alassane Ouattara and the Chief Executive Officer of Eni Claudio Descalzi met in Abidjan to discuss the company’s activities in the country, including the successful results of the exploration well Murene 1X on the discovery named Calao.
The Prime Minister, Robert Beugré Mambé and the Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, also participated in the meeting.
The Calao discovery was greeted as a significant one. Drilling operations took place approximately 45 kilometers off the coast in block CI-205, reaching a depth of 5,000 meters in water depths of around 2,200 meters.
The well encountered light oil, gas, and condensates in various intervals of Cenomanian age characterized by good to excellent permeability values. Preliminary assessments indicate potential resources ranging between 1.0 and 1.5 billion barrels of oil equivalent.
Eni operates the block in partnership with Petroci Holding.
President Ouattara and Mr. Descalzi discussed the appraisal and development plans for the discovery, including Eni’s commitment to meet the country’s domestic needs.
Eni has been operating in Côte d’Ivoire since 2015. In addition to block CI-205, it holds participating interests in five other blocks in Ivorian deep waters: CI-101, CI-401, CI-501, CI-801, and CI-802, all in partnership with Petroci Holding.
Presently, Eni has an equity production of hydrocarbons totaling approximately 22,000 barrels of oil equivalent per day from the Baleine field, which started production in August 2023.
Latest Stories
-
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
8 seconds -
National Elections Security Taskforce meets political party heads ahead of December elections
4 mins -
Samsung’s AI-powered innovations honored by Consumer Technology Association
23 mins -
Fugitive Zambian MP arrested in Zimbabwe – minister
41 mins -
Town council in Canada at standstill over refusal to take King’s oath
52 mins -
Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws
1 hour -
Providing quality seeds to farmers is first step towards achieving food security in Ghana
1 hour -
Thousands of PayPal customers report brief outage
1 hour -
Gary Gensler to leave role as SEC chairman
2 hours -
Contraceptive pills recalled in South Africa after mix-up
2 hours -
Patient sues Algerian author over claims he used her in novel
2 hours -
Kenya’s president cancels major deals with Adani Group
2 hours -
COP29: Africa urged to invest in youth to lead fight against climate change
2 hours -
How Kenya’s evangelical president has fallen out with churches
3 hours -
‘Restoring forests or ravaging Ghana’s green heritage?’ – Coalition questions Akufo-Addo’s COP 29 claims
3 hours