Ivory Coast: $4 Billion Invested in the Third Phase of the Baleine Deposit

Radio France Internationale

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In Côte d'Ivoire, the ENI-Petroci-Vitol consortium signed Phase 3 of the Baleine oil project at the beginning of the week. An investment plan of $4 billion was announced. Through this important oil and gas deposit in the south-west of the country, the Ivorian authorities hope to achieve energy independence.

JeuneAfrique.com

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Master of the Baleine deposit, the Italian major, Eni, validated, with its partners, Petroci and Vitol, the final investment decision of $4 billion on phase 3.

Financial Afrik

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Ivory Coast officially validated the final investment decision (FID) of phase 3 of the Baleine oil and gas project, considered to be the largest hydrocarbon deposit discovered in the country. It was on the occasion of a ceremony held on Monday 25 May 2026 in Abidjan, in the presence of the Ivorian Prime Minister, Robert Beugré Mambé and the consortium of investors composed of ENI, PETROCI Holding and Vitol that will inject almost 4 billion addit…