new advanced technological cotton seed oil refinery machine in ivory coast

                                               
                                               
                                               
                                               
                                               
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  • Will Ivory Coast become a major oil producer?
  • In recent years, Ivory Coast has also upgraded its state-owned Société ivoirienne de raffinage refinery to enable the production of low-sulfur fuels leveraging new technologies. Ivory Coast is aiming to become a major oil producer in the near-term future, as it yields new deepwater discoveries and unlocks cutting-edge net-zero technologies.
  • Does ice oil & gas have a production sharing agreement with Petroci?
  • Ice Oil & Gas signed a production sharing agreement (PSA) with Ivory Coast¡¯s national oil company Petroci for offshore block CI-705 in November 2023. The block spans 2289 km2 in the Grand Lahou area. The PSA grants Ice Oil & Gas a seven-year exploration period with a commitment to invest at least US$40 million in hydrocarbon exploration.
  • Is Ivory Coast ready for a gas pipeline?
  • Ivory Coast is home to several planned pipeline developments set to facilitate its integration with the wider region. The country is one of 13 African nations through which the planned Morocco-Nigeria Gas Pipeline will run, establishing West Africa as Europe¡¯s premier energy trading partner and providing an export route for future gas production.
  • How much oil does Ivory Coast produce a day?
  • Though Ivory Coast currently produces 30,000 barrels per day ¨C owing to the Baleine discovery that was fast-tracked into production last August ¨C additional offshore discoveries and regional pipeline projects signal significant development potential, particularly in deepwater acreage.
  • Is Ivory Coast a net-zero country?
  • Ivory Coast is trailblazing environmental stewardship alongside oil and gas development, with the Baleine field development set to be the first net-zero field in Africa. The country is prioritizing the use of decarbonization technologies to reduce its carbon footprint across the extractive sectors, from oil and gas to mining.
  • Is Ivory Coast pursuing natural gas?
  • In addition, Ivory Coast is pursuing natural gas within its transition strategy, with the Baleine field also set to produce 200 million cubic feet of gas per year by 2027. New Regulation Targets Local Capacity