-1.16%

Brent 67.96

+1.84%

Natural Gas 2.986

-1.48%

WTI 65.40

+0.72%

Silver 38.57

+1.18%

Gold 3,494.50

+0.40%

Copper 441.60

-0.75%

Coal 113.75

+150%

Lithium 71,100

0.00%

Iron 3215.00

+0.36%

ECX Emissions 71.77

Thursday, October 16, 2025

Oil & Gas: Côte d'Ivoire undergoing a major transformation

by comforter
0 comments 2 minutes read

Côte d'Ivoire's Oil & Gas sector is undergoing an unprecedented transformation, positioning the country as a key player in West Africa. With 61 oil blocks, including 7 onshore and 54 offshore, Côte d'Ivoire is benefiting from major discoveries, strategic partnerships and cutting-edge technological innovations.

Of the 20 active blocks (4 in production and 16 in exploration), several international companies are strengthening the development of the Ivorian basin:

  • Eni Energies et Services: Deploying advanced technologies on blocks CI-504, CI-526, CI-706 and CI-708, in particular with the flagship Baleine project.
  • Murphy Oil Corporation: Active on blocks CI-102, CI-103, CI-502, CI-531 and CI-709, with innovative approaches to optimising exploration.
  • Elephant Oil & Gas II: Specialising in the onshore sector, it focuses on blocks CI-520, CI-521 and CI-522, favouring a sustainable strategy.
  • Foxtrot International and PETROCI Holding: Key players in the production of natural gas, essential to Côte d'Ivoire's energy independence.
  • Ice Oil & Gas: Since 2023, this company has been exploring offshore block CI-705, contributing to the growth of the sector.

Côte d'Ivoire is adopting cutting-edge technologies to maximise operating efficiency:

  1. Ultra-deep offshore drilling: safe, optimised exploitation of resources in extreme conditions.
  2. Digitalisation and Digital Twins: Real-time modelling of reservoirs for better cost management.
  3. Associated Gas Recovery: Reducing flaring, capturing gases and maximising their use for electricity and fertiliser.
  4. Midstream Infrastructure Optimisation: modernising pipelines and terminals to ensure the safe transport of hydrocarbons.

Points to remember about the Economic and Strategic Impact :

  • Strong growth in production: Target of more than 200,000 barrels/day, strengthening the country's position in the regional market.
  • Energy Transition: Development of liquefied natural gas (LNG) to meet global needs.
  • Attractive regulatory framework: Tax reforms to encourage investment by majors such as TotalEnergies, Tullow Oil and Dragon Oil.

With these advances, Côte d'Ivoire is positioning itself as a leader in Oil & Gas in Africa, combining energy growth with sustainable development.

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