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Eni CEO meets the President of Côte d’Ivoire

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The President of Côte d’Ivoire Alassane Ouattara and Eni CEO Claudio Descalzi met yesterday to discuss the progress of Eni’s activities in the country, following the giant offshore discovery of Baleine 1-X. The Secretary General of the Presidency Abdourahmane Cissé, the Minister of Economy and Finances Adama Coulibaly, and the Minister of Mines, Petroleum and Energy Thomas Camara were also present at the meeting.

Eni CEO and President Ouattara discussed Baleine’s appraisal and fast-track development plans. President Ouattara highlighted his strong political will to support investments and a fast time-to-market through an effective collaboration from his Government. The discovery, which took place 20 years after the last commercial discovery in the area, opens-up a new exploration concept in a mature basin.

Baleine’s potential is estimated in excess of 2 billion barrels of oil in place and about 2.4 trillion cubic feet (TCF) of associated gas. Its significant gas volumes will contribute to power generation in Côte d’Ivoire, strengthening the country’s role as a regional energy hub.

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