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  • What is the largest oil discovery in Ivory Coast?
  • Estimated to contain up to 2.5 billion barrels of oil and 3.3 trillion cubic feet of natural gas, the Baleine field is the largest oil discovery in Ivory Coast. The project is also expected to become the first emissions-free upstream development project in Africa under Scope 1 and 2 of the global standard Greenhouse Gas Protocol.
  • How will Calao's oil discovery impact Ivory Coast?
  • Recognized by National Oil Company Petroci as the country’s second-largest find, Calao’s resources could likely support the industrial sectors of Ivory Coast. The discovery is expected to generate substantial revenues, creating over 8,000 direct and indirect jobs and attracting increased investments to the sector.
  • How much oil does Ivory Coast have?
  • Exploration campaigns in Ivory Coast have revealed substantial deposits of hydrocarbons, with the Baleine field alone estimated to hold as much as 2.5 billion barrels of crude oil and 3.3 trillion cubic feet of gas.
  • How much will Ivory Coast Invest in oil?
  • Last June, Ivory Coast’s President Alassane Ouattara revealed plans for more than $15 billion in investment in the country’s oil sector. The President further projected an increase in oil output from 60,000 bpd – come the startup of Baleine’s Phase 2 – to 200,000 bpd within the next five years.
  • What are the PSAs & how do they help Ivorian oil companies?
  • The PSAs pave the way for Elephant Oil and Ivorian national oil company Petroci to cooperate on exploration and production activities in Blocks CI-520, CI-521 and CI-522 over a period of seven years as the country aims to unlock its onshore hydrocarbon potential. Fast-Tracking Oil Development
  • What is Ivory Coast's gas strategy?
  • Last year, Ivory Coast’s Minister of Mines, Petroleum and Energy Mamadou Sangafowa Coulibaly announced the country’s strategy to fast-track the development of the country’s gas reserves.