Ivory Coast has made headlines in recent months, as it pursues ambitions to become a major regional oil producer. Earlier this week, Italian major Eni announced the discovery of light oil, gas and condensates in the country’s offshore Block CI-205 as part of its Murene 1X exploration well. Estimated to hold potential resources of 1.5 billion barrels of oil equivalent, the Calao discovery is the second-largest made in the country – after the Baleine field in 2021 – and signals significant offshore prospectivity.
