Eni awarded two exploration blocks offshore Ivory Coast

Eni has been awarded two new exploration blocks in the eastern part of the sedimentary basin offshore the Ivory Coast. Eni will act as operator in both the CI-501 and CI-504 blocks, holding a 90% stake. State company Petroci has the remaining 10%.

The two blocks are adjacent to the north of block CI-205, already operated by Eni (Eni 90%, Petroci 10%). Due to their geological continuity, the blocks will be studied in synergy, in a bid to optimise costs and speed to market in the event of a petroleum discovery and commercial development.