Energy major Eni has signed an agreement with Ivory Coast’s Ministry of Mines, Oil and Energy for the acquisition of 4 new offshore exploration blocks.
Situated in close proximity to Eni’s Calao discovery, Blocks CI-504, CI-526, CI-706 and CI-708 cover a total area of 5,720km2 and are situated in water depths between 1,000m and 3,500m.
Under the agreements, Eni is permitted to explore the area for up to nine years, further consolidating the company’s presence in Ivory Coast.