- BUSINESS MEETINGS AND AGREEMENTS
- NATURAL RESOURCES
Abidjan (Côte d'Ivoire), 2 October 2021 – 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.
President Ouattara and Claudio Descalzi discussed on how to deliver a net zero carbon development project, complementing oil and gas with renewables and other decarbonization initiatives such as UN REDD+ programs for the protection of primary forests and biodiversity. Also, the two discussed measures to leverage the development of local content, facilitating the participation of local people and businesses in Eni’s industrial activities, through transfer of skills and knowledge and the reinforcement of communities’ skills assets. A collaboration between Eni Corporate University (ECU) and Ecole Supérieure du Pétrole et de l’Energie will held to develop competencies and human capital.
Baleine-1x is the first operated exploration well drilled by Eni in Côte d’Ivoire. The CI-101 block is operated by a consortium made up in the exploratory phase of Eni, operator, and Petroci Holding. In addition to the CI-101 block, Eni owns a stake in four other blocks in the Ivorian deepwater: CI-205, CI-501, CI-504 and CI-802, all with the same partner Petroci Holding.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
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Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
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Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
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