Energy minister Thomas Camara said the find was estimated at between 1.5 and 2 billion barrels of oil and around 1.8-2.4 trillion cubic feet (51 million cubic metres) of gas. He said the development would "greatly increase Ivory Coast’s proven reserves in the coming years".
How many oilfields are there in Ivory Coast?
Ivory Coast to date has 51 identified oilfields with four in production, 26 in exploration and the remaining 21 still up for grabs. In 2014, Total said exploration had shown "very promising" prospects. Aside from Total and Eni, Britain’s Tullow Oil has also announced significant discoveries of Ivorian offshore oil reserves in recent years.
Does Tullow Oil have oil in Ivory Coast?
Aside from Total and Eni, Britain’s Tullow Oil has also announced significant discoveries of Ivorian offshore oil reserves in recent years. Ivory Coast on Wednesday reported a "major discovery" of oil and natural gas offshore after deepwater exploration by Italian firm Eni.
What is the largest hydrocarbon discovery in Ivory Coast?
Baleine field, the largest hydrocarbon discovery in Ivory Coast, is expected to commence production in 2023. The Baleine field is expected to commence production in 2023. Credit: Eni. The refurbished FPSO sailed away from Dubai to Ivory Coast in April 2023. Credit: Eni.