ENI Acquires Two Blocks in Cote d’Ivoire

Monday, March 27, 2017

ENI acquired majority stakes in two exploration blocks offshore Cote d’Ivoire, approximately 50 km off the coast.The two deep offshore blocks, CI-101 and CI-205, lie in the eastern portion of the Tano basin.

Block CI-101 is in water depths of between 200 and 2,500 meters, while block CI-205 is in water depths of between 2,000 and 2,700 meters.

ENI will operate and hold a 90% stake in both blocks, while the state-owned company Petroci holds the remaining 10% in both blocks.

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