By Mauro Orru 
 

Eni SpA has made what it called a major oil discovery offshore Ivory Coast, in a block it operates along with Petroci Holding.

The Italian oil-and-gas major said Wednesday that the discovery well has been drilled on the Baleine prospect about 60 kilometers off the coast and around 1,200 meters underwater.

Eni said the potential of the discovery is estimated at between 1.5 billion and 2 billion barrels of oil and between 1.8 trillion and 2.4 trillion cubic feet of associated gas.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

September 01, 2021 11:27 ET (15:27 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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