Pressdia Ad

Eni and partners approve major new expansion for Ivory Coast energy project

Eni and its partners have approved a new development phase for the Baleine offshore project in Ivory Coast, marking another major milestone for one of Africa’s fastest-growing energy developments. The approval covers the third phase of the Baleine project, the largest hydrocarbon discovery ever made in Ivory Coast, according to Reuters and MyJoyOnline.

The project, developed alongside Petroci and Vitol, is expected to significantly increase production capacity. Oil output is projected to rise from 60,000 barrels per day to 150,000 barrels per day, while gas production is expected to grow from 80 million cubic feet per day to 200 million cubic feet daily.

The expansion includes the construction of a new floating production, storage, and offloading vessel designed to improve operational efficiency and reduce environmental impact. Eni said all gas produced from the project will be directed toward Ivory Coast’s domestic market to support electricity generation and industrial growth.

Energy analysts say the Baleine development is helping position Ivory Coast as an emerging offshore energy hub in West Africa at a time when African producers are seeking to strengthen local energy security while expanding export revenues. Industry observers also note that the project reflects continued international investment interest in African oil and gas assets despite the global transition toward cleaner energy systems.

Pressdia Ad

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Pressdia Ad

Subscribe

Latest Posts

Femi Adebayo Announces Jagun Jagun 2 for Netflix After Euphoria360 Hub Launch

Nollywood actor and filmmaker Femi Adebayo has announced Jagun Jagun 2:...

Boxer Names Justin Galloway CEO-Designate as Profit Before Tax Rises 10.6%

South African discount grocery retailer Boxer has appointed Justin Galloway as...

Ethiopia Opens First Gold Refinery in $50 Million Push to Boost Mineral Exports

Ethiopia has launched its first gold refinery, a $50 million joint...

Zheng Qinwen Makes History with China Open Victory Over Mirra Andreeva

China’s Zheng Qinwen has won the 2026 China Open, defeating Russia’s...

Oby Ezekwesili Urges African Governments to Enforce 18 as Minimum Marriage Age

Former Nigerian Minister of Education Obiageli “Oby” Ezekwesili has called on...

Jihan Mohin Dimack Makes History as First African Winner of Miss Grand International

Tanzania’s Jihan Mohin Dimack has made history after winning Miss Grand...

Dabota Lawson The Beauty Entrepreneur Turning Nigerian Innovation Into a Global Luxury Brand

Dabota Lawson is building a beauty business that extends beyond cosmetics...

Top 10 African Digital Storytellers to Watch in 2026

Digital storytelling is reshaping how Africa documents its people, culture, destinations,...

Unrefyned Studios: African Heritage Meets Conscious Jewellery Design

Unrefyned Studios is an African jewellery and slow living brand creating...

Related Posts

Zambia Signs $1.5 Billion US Health Agreement to Strengthen Healthcare System

Zambia has signed a five-year health financing agreement with...

Nigerian-American Chinyere Ukeje Wins $300,000 NASA Prize for Mars Food System Innovation

Nigerian-American computer scientist Chinyere “Chichi” Ukeje has won the...

LEAVE A REPLY

Please enter your comment!
Please enter your name here