Project Profile
Location: 100 km southeast of Abidjan, Ivory Coast
Area: 2,000 sq km
Water Depth: 1,500-3,100 metres
Start-up Year: -
In October 2010, Total signed an agreement with Yam’s Petroleum to acquire a 60% interest in the CI-100 license. Through this agreement, Total became the project operator. Yam’s Petroleum retains a 25% interest and Petroci Holding holds the remaining 15%. The transaction has been approved by the Côte d’Ivoire authorities. Covering an area of nearly 2,000 square kilometres, the CI-100 block is located about 100 kilometres southeast of Abidjan of Ivory Coast, in water depths ranging from 1,500 to 3,100 metres. An initial 3D seismic survey has already been carried out by Yam’s Petroleum. Exploration work will include a new 1,000 sq km 3D seismic survey, which will complete coverage of the block, and a first drilling, in 2012 at the latest.
Operators:
Total: Operator with 60% interest
Yam’s Petroleum: 25% interest
Petroci Holding: 15% interest
Eni Côte d’Ivoire Ltd. (subsidiary of Eni): 30% interest (acquired in 2015)