← Back to News
energy

Eni Strikes Major Gas Discovery Offshore Côte d'Ivoire

By MGN Editorial•February 17, 2026 at 01:12 PM

Italian energy giant Eni has made a significant gas and condensate discovery in waters off the coast of Côte d'Ivoire, further boosting the country's offshore energy resources.

In a major development for Côte d'Ivoire's offshore energy sector, Italian multinational Eni has announced a substantial gas and condensate discovery in the country's waters. According to the company, the new find represents the second-largest gas discovery ever made in Côte d'Ivoire. The discovery was made at the Baleine exploration well, located in Block CI-101. Eni, the operator of the block with a 90% stake, said the well encountered a hydrocarbon column of about 2,000 meters, with excellent reservoir characteristics. 'This important discovery confirms the significant upside potential of the area and strengthens Eni's position in Côte d'Ivoire,' said Eni CEO Claudio Descalzi. 'It also demonstrates our commitment to contributing to the development of the country's energy resources.' The Baleine discovery is located approximately 60 kilometers off the coast of Côte d'Ivoire, in water depths of around 1,200 meters. Eni said further drilling and testing will be carried out to assess the full extent of the discovery and its potential for development. This latest find builds on Côte d'Ivoire's growing reputation as an emerging offshore energy hotspot. In recent years, major international oil companies have ramped up exploration and development activities in the country's waters, attracted by its favorable geology and political stability compared to some neighboring nations. 'This discovery by Eni is another important milestone for Côte d'Ivoire's offshore energy sector,' said gCaptain, a leading maritime industry news source. 'It underscores the country's potential to become a significant gas producer in the years ahead, which could have wider implications for the regional energy landscape.'
#offshore energy#oil and gas#exploration#Côte d'Ivoire

Related Articles

Stark Power Secures $85 Million Credit Facility to Accelerate U.S. Utility-Scale Power Acquisitions

Israeli energy developer Stark Power Ltd. has closed an $85 million credit facility with Bank Hapoalim to fund acquisitions of operating utility-scale power assets and support early-stage construction financing in the United States.

Sep 28, 2026

Energy Sector Sees Fresh Capital Flows as Power Infrastructure Investments Accelerate

Two significant energy financing and technology deployment announcements signal growing momentum in U.S. power infrastructure investment, with implications for port electrification and maritime energy transition efforts.

Sep 28, 2026

Energy Sector Technology Briefing: Grid Innovation and Power Infrastructure Advances

Two energy sector developments highlight growing momentum in power infrastructure technology, with implications for maritime and offshore energy operations as the industry pursues smarter, more resilient grid solutions.

Sep 28, 2026

Maritime Industry Briefing: Limited Sector-Specific News in Latest Feed Cycle

This briefing cycle's available feeds contain minimal maritime-relevant content, with the most tangentially related item covering lithium carbonate market growth driven by EV battery demand — a trend with downstream implications for vessel electrification and battery-powered propulsion systems.

Sep 28, 2026

Lithium Carbonate Market Set for Rapid Expansion as Battery Demand Reshapes Maritime Energy Landscape

The global lithium carbonate market is forecast to nearly triple by 2031, driven by accelerating EV battery demand — a trend with significant implications for maritime electrification and alternative propulsion investment.

Sep 28, 2026