Ivory Coast has allocated four new offshore licences to France's Total and Italy's Eni, hoping to generate investment of $275 million during the initial exploration period, according to government spokesman Sidi Toure.
Total has won operatorship of contiguous blocks CI-705 and CI-706 south of Grand Lahou, with CI-705 stretching from the lagoon shoreline out past the 3000-metre isobar.
Eni will operate CI-501 and CI-504, both off Jacqueville, south of pipeline infrastructure serving producing gas fields and the CNR-operated Baobab oilfield.
