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Tuesday, October 5, 2021
The appraisal and fast-track development plans for the giant Baleine 1-X discovery in Cote d’Ivoire were discussed over the weekend by the president of the country Alassane Ouattara and Eni CEO Claudio Descalzi. 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.
Also in attendance were 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.
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 highlighted his strong political will to support investments and a fast time-to-market through an effective collaboration from his Government.
President Ouattara and Claudio Descalzi also discussed 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.
Further, 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.
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