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Exploration - 02 September 2021

Eni makes oil discovery offshore Ivory Coast

The potential of the discovery can be preliminarily estimated at between 1.5 and 2 billion barrels of oil in place and between 1.8 and 2.4 trillion ft3 of associated gas.

 

Wood Mackenzie comments on Ithaca's Fotla oil discovery

Based on resources of 21 million boe and its proximity to the nearby Alba infrastructure, Wood Mackenzie assumes the discovery could be an ideal candidate for a short-cycle, high-return tie-back to the Ithaca-operated facilities.