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Ivorian President Alassane Ouattara and Eni CEO Claudio Descalzi met on Friday to discuss the progress of Eni’s activities in the country following the giant offshore oil discovery of Whale 1-X.
As previously reported, Eni announced in September the major oil discovery in block CI-101, in what was the company’s first exploration well drilled in the country. The Whale-1x well was drilled using the Saipem 10,000 drill vessel.
At last week’s meeting, Eni’s CEO and President Ouattara discussed Whale’s assessment and fast-track development plans.
According to Eni, President Ouattara underlined his strong political will to support investments and a rapid time to market thanks to the effective collaboration of his government. The discovery, which took place 20 years after the last commercial discovery in the region, opens up a new concept for exploration in a mature basin, Eni said.
“Whale’s potential is estimated at over 2 billion barrels of in-place oil and approximately 2.4 trillion cubic feet (TCF) of associated gas. Its large volumes of gas will contribute to the production of electricity in Côte d’Ivoire, thus strengthening the country’s role as a regional energy hub, ”said Eni.
Eni also said that President Ouattara and Descalzi discussed how to implement a zero carbon development project, complementing oil and gas with renewable energy and other decarbonization initiatives such as UN REDD + programs. for the protection of primary forests and biodiversity.
In addition, the duo discussed ways to stimulate the development of local content from local content, by facilitating the participation of local populations and businesses in Eni’s industrial activities, through skills and knowledge transfer and skills building. communities.
To enhance capabilities and human resources, Eni Corporate University (ECU) and Ecole Supérieure du Pétroleet de l’Energie will collaborate, too.
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