Tullow Oil’s capital allocation strategy is to focus on its highest return producing assets and to maximise cash flow. In line with this strategy, Tullow is considering all options with respect to its interest in the Espoir field in Côte d’Ivoire. No formal commitments have been made. In the event this process develops, Tullow will […]

Another FPSO has been added to existing fleet onboard Africa. This time is the new FPSO Firenze currently sailing to resume production start-up of the Baleine field, which is the largest hydrocarbon discovery in Côte d’Ivoire. Eni, in partnership with PetroCi, is celebrating the sail away of the FPSO Firenze to the Baleine field offshore Côte […]

AMEA Power Expands its Presence in West Africa by signing Agreement with the Government of Ivory Coast to Deliver 50MW PV Solar Plant.  Amea is one of the global fastest growing renewable energy companies based in the Middle East. The company course of enlarging its coast in West Africa, has recently announced that it has […]

Tullow Oil has announced the signing of a Production Sharing Contract (PSC) for offshore exploration licence CI-803 in Côte d’Ivoire. Tullow will operate the licence with 90% equity, the remaining 10% is held by PetroCi. CI-803 covers an area of 1,345 square kilometres and is adjacent to licence CI-524 which is also held by Tullow […]

The President of Côte d’Ivoire Alassane Ouattara met Eni’s Chief Executive Officer Claudio Descalzi in Abidjan, to discuss the progress of the company’s activities in the country, future projects and areas of common interest and collaboration. The Secretary General of the Presidency Abdourahmane Cissé and the Minister of Mines, Petroleum and Energy, Mamadou Sangafowa-Coulibaly, were […]

DNO ASA, the Norwegian oil and gas operator, has entered into a transaction agreement pursuant to which RAK Petroleum plc will transfer its ownership of Mondoil Enterprises LLC to DNO. The all-share transaction comprises Mondoil Enterprises’ 33.33 percent indirect interest in privately-held Foxtrot International LDC whose principal assets are operated stakes in offshore production of […]

Eni has successfully drilled the Baleine East 1X well, the first exploration well in block CI-802 and second discovery on the Baleine structure, offshore Côte d’Ivoire. The excellent results have allowed to increase by around 25% the volumes of hydrocarbons in place of the Baleine Field, which are now estimated at 2.5 billion barrels of […]

Valaris has recently announced that it has been awarded a one-well contract with Total E&P Côte d’Ivoire B.V. offshore Ivory Coast for drillship, VALARIS DS-12. The contract is expected to commence in the third quarter of 2021. Valaris DS-12 is a: Drillship Design:DSME 12000 Double-Hull DP  with Ultra-Deepwater: of 7,500′ operating in the region: of Middle […]

Sahara Energy Logistics Holding Limited (a Sahara Group company) and Société Nationale d’Opérations Pétrolières de la Cote d’Ivoire (The National Oil Company of Cote d’Ivoire, Petroci Holding), have entered into a Joint Venture Agreement (JVA) to facilitate the construction of a 12,000 Metric Tonnes Liquefied Petroleum Gas (LPG) storage facility to guarantee LPG supply security in […]

(MW) and will play a significant role in supporting the country’s energy plan. “We have a long-standing relationship with GE and are thrilled that the Azito phase IV power plant, will also be one of the most efficient power plants in the region and will serve as a model for the development of similar power […]