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
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny






