Eni announces a major discovery in block CI-205, offshore Côte d’Ivoire
Eni announces a major discovery in block CI-205, offshore Côte d'Ivoire
Eni announces a major discovery in block CI-205, offshore Côte d’Ivoire
– By Daniel Terungwa

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Eni announces a major discovery in block CI-205, offshore Côte d’Ivoire

The President of Côte d’Ivoire, Alassane Ouattara, and Eni’s CEO, Claudio Descalzi, have jointly announced a significant discovery in block CI-205, offshore Côte d’Ivoire. Named Calao, this discovery marks the second largest in the country, following Eni’s Baleine field discovery in September 2021.

The announcement came during a meeting in Abidjan, where President Ouattara and Mr. Descalzi discussed Eni’s activities in the country. Also present were Prime Minister Robert Beugré Mambé and Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly.

The President of Côte d'Ivoire Alassane Ouattara and the CEO of Eni Claudio Descalzi announce a major discovery in block CI-205, offshore Côte d'Ivoire

The Calao discovery is regarded as highly significant. Drilling operations, conducted approximately 45 kilometers off the coast in block CI-205, reached a depth of 5,000 meters in water depths of around 2,200 meters.

The well encountered light oil, gas, and condensates in various intervals of Cenomanian age, characterized by good to excellent permeability values. Preliminary assessments suggest potential resources ranging between 1 and 1.5 billion barrels of oil equivalent. Eni operates the block in partnership with Petroci Holding.

President Ouattara and Mr. Descalzi discussed the appraisal and development plans for the discovery, reaffirming Eni’s commitment to meeting the country’s domestic energy needs.

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Eni has been operating in Côte d’Ivoire since 2015. In addition to block CI-205, Eni holds participating interests in five other blocks in Ivorian deep waters: CI-101, CI-401, CI-501, CI-801, and CI-802, all in partnership with Petroci Holding. Presently, Eni has an equity production of hydrocarbons totaling approximately 22,000 barrels of oil equivalent per day from the Baleine field, which commenced production in August 2023.

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