Côte d’Ivoire and Eni strengthen their energy partnership with the Baleine project

Côte d'Ivoire and the Italian group Eni assess progress on the Baleine energy project, whose third phase plans a daily production of 150,000 barrels of oil and 200 million cubic feet of gas for the Ivorian domestic market.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The President of the Republic of Côte d’Ivoire, Alassane Ouattara, met with Claudio Descalzi, Chief Executive Officer of the Italian company Eni, to discuss the advancement of the main energy projects carried out by the company in the country, notably the offshore Baleine project.

Planned increase in national gas capacity

The Baleine project, operational in its first two phases, currently has a daily production of 62,000 barrels of oil and 75 million cubic feet of natural gas. The third phase should allow these capacities to increase, bringing daily production to 150,000 barrels of oil and 200 million cubic feet of natural gas. Exploitation of the field, located offshore Côte d’Ivoire, has an estimated gas production plateau duration of about 12 years. The entirety of the gas production is exclusively intended for the Ivorian domestic market, with the objective of strengthening the country’s energy autonomy and supporting local industrial development.

Côte d’Ivoire’s energy potential was confirmed by the recent discovery in March 2024 of the offshore Calao field. According to estimates, once fully developed, this discovery could increase daily gas production to nearly 500 million cubic feet, potentially positioning the country as a future regional energy exporter.

Continued exploration and diversification of resources

In this perspective, Eni continues its investment in Côte d’Ivoire, signing in November 2024 four new exploration contracts in the Ivorian offshore basin. This approach demonstrates the long-term interest in the country and its energy resources, while aiming at greater diversification of the Italian group’s activities there.

Alongside these oil and gas operations, the meeting between President Ouattara and Claudio Descalzi addressed the development of local agricultural supply chains aimed at feeding Eni’s biorefining activities. Recently, the Italian company exported its first shipment of Hevea oil to its biorefinery facilities operated by Enilive. In May, Eni signed a memorandum of understanding with the Ivorian Ministry of Agriculture aimed at further structuring this agricultural sector within the framework of a circular economy.

Complementary social and environmental programmes

In addition, several environmental and social initiatives led by Eni in Côte d’Ivoire were discussed. The Clean Cooking programme, intended to provide clean cooking solutions to vulnerable populations, already benefits 700,000 people in the country, with the stated ambition of reaching 2.5 million individuals by 2030. Another project aims at preserving and restoring 14 classified forests, directly benefiting over 300,000 residents.

Present in Côte d’Ivoire since 2015, Eni has made the country’s two largest oil and gas discoveries with the Baleine and Calao fields. The Italian group also continues several socio-economic projects related to education, health and local economic diversification.

ENGIE activates key projects in Belgium, including an 875 MW gas-fired plant in Flémalle and a battery storage system in Vilvoorde, to strengthen electricity supply security and grid flexibility.
Hungary has signed a contract with US company Chevron to import 400mn m³ of LNG per year, while maintaining a structural dependence on Russian gas through a long-term agreement with Gazprom.
Chevron Australia awards Subsea7 a major contract for subsea installation on the Gorgon Stage 3 project, with offshore operations scheduled for 2028 at 1,350 metres depth.
Ovintiv has entered into an agreement with Pembina Pipeline Corporation to secure 0.5 million tonnes per annum of LNG liquefaction capacity over 12 years, strengthening its export outlook to Asian markets.
TotalEnergies has completed the sale of a minority stake in a Malaysian offshore gas block to PTTEP, while retaining its operator role and a majority share.
The European Union will apply its methane emissions rules more flexibly to secure liquefied natural gas supplies from 2027.
Venezuela has ended all energy cooperation with Trinidad and Tobago after the seizure of an oil tanker carrying crude by the United States, accusing the archipelago of participating in the military operation in the Caribbean.
National Fuel has secured $350mn in a private placement of common stock with accredited investors to support the acquisition of CenterPoint’s regulated gas business in Ohio.
GTT appoints François Michel as CEO starting January 5, separating governance roles after strong revenue and profit growth in 2024.
The United States is requesting a derogation from EU methane rules, citing the Union’s energy security needs and the technical limits of its liquefied natural gas export model.
Falcon Oil & Gas and its partner Tamboran have completed stimulation of the SS2-1H horizontal well in the Beetaloo Sub-basin, a key step ahead of initial production tests expected in early 2026.
Gasunie Netherlands and Gasunie Germany have selected six industrial suppliers under a European tender to supply pipelines for future natural gas, hydrogen and CO₂ networks.
The ban on Russian liquefied natural gas requires a legal re-evaluation of LNG contracts, where force majeure, change-in-law and logistical restrictions are now major sources of disputes and contractual repricing.
The US House adopts a reform that weakens state veto power over gas pipeline projects by strengthening the federal role of FERC and accelerating environmental permitting.
Morocco plans to commission its first liquefied natural gas terminal in Nador by 2027, built around a floating unit designed to strengthen national import capacity.
An explosion on December 10 on the Escravos–Lagos pipeline forced NNPC to suspend operations, disrupting a crucial network supplying gas to power stations in southwestern Nigeria.
At an international forum, Turkmenistan hosted several regional leaders to discuss commercial cooperation, with a strong focus on gas and alternative export corridors.
The Australian government has launched the opening of five offshore gas exploration blocks in the Otway Basin, highlighting a clear priority for southeast supply security amid risks of shortages by 2028, despite an ambitious official climate policy.
BlackRock sold 7.1% of Spanish company Naturgy for €1.7bn ($1.99bn) through an accelerated bookbuild managed by JPMorgan, reducing its stake to 11.42%.
The British company begins the initial production phase of Morocco's Tendrara gas field, activating a ten-year contract with Afriquia Gaz amid phased technical investments.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.