On September 25, Eni completed the sale of a 30% stake in the offshore Baleine project to global trader Vitol. The Baleine project is a key offshore development in the country, and Eni retains a 47.25% stake.
Baleine is the largest hydrocarbon discovery made by an energy company in Côte d’Ivoire. Thanks to this discovery, Côte d’Ivoire is also strengthening its role as a regional energy hub for neighbouring countries. Baleine’s gas production is therefore strategic since it will increase domestic and regional supply, while oil production will be instrumental in boosting exports.
In Côte d’Ivoire, as in the rest of the African continent,
eni business is based on these cornerstones: the path to decarbonization, the cooperation model and the operational model. In addition to strengthening and diversifying our traditional portfolio, which is increasingly focused on enhancing the value of natural gas, we promote new solutions to reduce the overall carbon footprint of our operations.
Note by Alessandro Bazzoni