Eni makes 'major' Cote d’Ivoire discovery
Italian firm plans fast-track development of find in offshore Baleine prospect
Italy’s Eni has made a “major oil discovery” offshore Cote d’Ivoire in the Baleine prospect, the company says. Preliminary reserve estimates are 1.5-2bn bl of oil and 1.8-2.4tn ft³ (51-68bn m³) of gas. Eni operates the block where the discovery was made, CI-101, with a 90pc stake, while the remaining 10pc is held by state oil company Petroci. The partners now plan an appraisal programme and to “start studies for a fast-track development of the Baleine discovery”. 1.5-2bn bl – Estimated reserves The test well—Eni’s first in Cote d’Ivoire—was about 60km from the coast and in waters 1,200m deep, and produced light oil of 40° API. The Italian firm says there is “significant upside potent

Also in this section
1 August 2025
A number of companies have filed arbitration claims against Gazprom over non-deliveries of contracted gas or other matters—and won. The next step is to collect the award; this is no easy task but it can be done thanks to an international legal framework under the New York Convention.
1 August 2025
Europe’s refining sector is desperately trying to adapt to a shifting global energy landscape and nowhere is this more apparent than in its largest economy
1 August 2025
The Middle East natural gas playbook is being rewritten. The fuel source offers the region a pathway to a cleaner, sustainable and affordable means of local power, to fasttrack economic development and as a lucrative opportunity to better monetise its energy resources.
31 July 2025
TotalEnergies is an outlier among other majors for remaining committed to low-carbon investments while continuing to replenish and expand its ample oil and gas portfolio, with an appetite for high risk/high return projects.