Italian major ENI, with Petroci and Vitol have approved the final investment decision (FID) for the Baleine Phase 3 project in Côte d’Ivoir.
“The full-field Phase 3 development will increase oil production from 60,000 to 150,000 barrels per day (150,000BOPD) and gas output from 80 to 200 million cubic feet per day (200MMsf/d)”, ENI says in a statement. That comes to 183,000Barrels of Oil Equivalent per Day (183,000BOEPD).
The project includes the development of a new floating production, storage and offloading (FPSO) unit. It builds on the phased and fast-track development model already implemented in Baleine’s first two phases, enabling early production while optimising costs and leveraging existing infrastructure, the Italian explorer explains.
All gas produced will be allocated to the domestic market, contributing to Côte d’Ivoire’s energy needs, expanding electricity generation and supporting the country’s industrial development.
“ENI has been present in Côte d’Ivoire since 2015, where it made the Baleine and Calao discoveries.”, the company declares.
