← Back to News
energy

Eni Strikes Major Gas Discovery Offshore Côte d'Ivoire

By MGN EditorialFebruary 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

Karoon Energy Boosts Brazil Offshore Output Through Well Intervention, But Costs Rise

ASX-listed Karoon Energy has recorded higher oil production at its Brazilian offshore field following rig-based well intervention work, though the programme came in above initial cost expectations.

Jul 6, 2026

Vistra Schedules Q2 2026 Earnings Release for August 7

Energy company Vistra has announced it will report its second quarter 2026 financial and operating results on August 7, 2026, via a live conference call and webcast.

Jul 6, 2026

OPEC+ Coalition Accelerates Output Increases as Energy Markets Eye Supply Outlook

Seven key OPEC+ member nations have agreed to further adjust production cuts, signalling a measured but deliberate move to increase global oil supply while retaining flexibility to reverse course if market conditions deteriorate.

Jul 6, 2026

Equinor Takes Full Control of $10 Billion Canadian Offshore Project as BP Exits; Nexans Secures Low-Carbon Aluminium Supply Deal

Equinor moves to sole ownership of a major Newfoundland offshore oil development following BP's exit, while Nexans locks in a five-year low-carbon aluminium supply agreement with Hydro in a signal of the offshore sector's continued decarbonisation push.

Jul 6, 2026

Shell Secures LNG Supply Agreement with Vietnam's PV Gas Amid Growing Southeast Asian Energy Demand

Shell Eastern Trading has signed an LNG supply agreement with Petrovietnam Gas Joint Stock Corporation (PV Gas), reinforcing the energy major's position in Southeast Asia's rapidly expanding liquefied natural gas market.

Jul 6, 2026