ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 19.Mar.2025) — Vitol will acquire interests in certain assets owned by Eni in Cote d’Ivoire (Ivory Coast) and the Republic of Congo for an aggregate consideration of $1.65bn at 1 Jan. 2024, with standard cash adjustment at closing. Vitol will acquire an interest in both oil and […]
Category: Ivory Coast
Ivory Coast or Côte d’Ivoire
Eni Boosts Côte d’Ivoire (Ivory Coast) Gas Production for Power Generation
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 19.Mar.2025) — Italy’s Eni together with Petroci announced a significant increase in gas supply for Côte d’Ivoire’s power generation system. Launched in Dec. 2024 on schedule and with full safety measures, Phase 2 of the Baleine project marks another step forward in the […]
EAI ‘Africa NRG Insights’ Investor Report (FREE PDF Download-Prologue)
HOUSTON, TEXAS (Energy Analytics Institute, 15.Jun.2024) — Energy Analytics Institute‘s recently released ‘Africa NRG Insights’: Africa’s ‘Just’ Energy Transition: An Investor’s Perspective on Opportunities and Challenges, explores the continent’s resources and opportunities as well as its major headwinds. The full 42-page report taps into the insights and thoughts of 9 […]
Eni Reports 3Q:24 Financial Results (PDF Downloads)
(Eni, 25.Oct.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the third quarter and nine months of 2024. Eni CEO Claudio Descalzi said: “In Q3, by delivering a performance ahead of expectations, we have again demonstrated the resilience of our business model […]
Lithium Africa Resources Announces Additions to Board
(Lithium Africa Resources, 7.Oct.2024) — Lithium Africa Resources Corp. announces additions to board. Lithium Africa is pleased to announce two significant additions to its Board of Directors as the company matures and continues its consolidation of district scale, hard rock lithium prospects in Africa. The new appointments to the Board, as […]
Eni Reports 2Q:24. and 2H:24 Results
(Eni SpA, 26.Jul.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the second quarter and first half 2024. Eni CEO Claudio Descalzi said: “In the second quarter 2024, we have delivered results ahead of expectations, demonstrating the significant progress Eni has made in […]
Paris Summit Aims Commitments of $4bn for African Women
(African Development Bank Group, 10.May.2024) — Summit expected to build on ground-breaking clean cooking initiatives launched at COP28; African Development Bank’s Adesina (www.AfDB.org), Tanzanian President Hassan, Norway Prime Minister Jonas Gahr Støre and International Energy Agency Executive Director Fatih Birol to co-chair event. Development partners gathering in Paris on 14 May […]
Sandstorm Gold Royalties Reports 1Q:24 Results
(Sandstone Gold, 2.May.2024) — Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL) has released its financial results for the first quarter ended 31 Mar. 2024 (all figures in U.S. dollars). First Quarter Highlights Revenue of $42.8 million (Q1 2023 — $44mn); Attributable gold equivalent ounces1 of 20,316 ounces (Q1 2023 — 28,368 ounces); Cash flows from operating activities, excluding changes […]
Coretrax Reveals Sales and Operations Appointments
(Coretrax, 19.Dec.2023) — Coretrax, an oil and gas well integrity and production optimisation, has appointed Colin Graham as the company’s first sales and operations manager for Africa as it plans for further growth in the region. Colin joins the business with nearly four decades of oil and gas industry […]
Metalla Royalty Highlights Near-Term Catalyst
(Metalla, 6.Dec.2023) — Metalla Royalty & Streaming Ltd. (TSXV: MTA) (NYSE American: MTA) is pleased to profile its post-merger core assets and provide a three-year corporate strategy and highlights near-term portfolio catalysts. CORPORATE HIGHLIGHTS An emerging mid-tier royalty and streaming company now with over 100 royalties and streams with several cornerstone assets […]
Altera Awarded Contracts with Eni for Baleine Field
(Altera, 3.Oct.2023) — Altera Infrastructure has been awarded contracts for redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Côte d’Ivoire. The vessels are set for deployment on the Baleine field with a 15-year firm contract. The development of the […]
CGG Starts Côte d’Ivoire Reimaging Project near Baleine Field
(CGG, 27.Sep.2023) — CGG announced the start of a major new multi-client 3D PSDM reimaging program in the Tano Basin offshore Côte d’Ivoire in association with the country’s Direction Générale des Hydrocarbures (DGH) and national oil company, PETROCI Holding. The 6,400 sq km reimaged seismic data set near the recent […]
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An African Gas Renaissance En Route to a ‘Just Energy Transition’ [PDF Download]
(The Oxford Institute for Energy Studies, 5.Sep.2023) — The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt well beyond Europe’s borders. As the accelerated decarbonisation of the world’s economies is being pushed forward, Europe’s unexpected interest in alternative sources of gas imports […]
EAI’s NRGBriefs: Apr. 2023
(Energy Analytics Institute, 30.Apr.2023) — Energy briefs as well as others related to finance and politics during April 2023 including the US not blocking the court-ordered sale of shares of Citgo Petroleum Corp.’s parent company, PDV Holding, to pay off creditors who have sought payment from the Venezuelan state; OFAC authorizing […]
Eni Celebrates Sail Away of FPSO Firenze to Baleine Field Offshore Côte d’Ivoire
(Eni, 6.Apr.2023) — Eni, in partnership with PetroCi, celebrated the sail away of the FPSO Firenze to the Baleine field offshore Côte d’Ivoire in Dubai. The event was attended by Mamadou Sangafowa-Coulibaly, Minister of Mines, Petroleum and Energy Côte of d’Ivoire, and other dignitaries. The FPSO Firenze will allow production […]