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Eni, Cote d’Ivoire leaders hold

advanced talks on ‘net-zero’

development of Baleine discovery

COTE D’IVOIRE ITALIAN energy major Eni has held advanced reduction and control of fugitive emissions,” Eni
discussions with Cote d’Ivoire’s heads of state said.
and government on developing Africa’s “first As part of the December 10 meeting, and in
net-zero oil and gas development” for Scope 1 order to promote decarbonisation in the coun-
and Scope 2 emissions, the company announced try, Eni and the Ivorian Ministry of Mines, Petro-
on December 10. leum and Energy signed a MoU which provides
Eni had previously committed to the full for initiatives in the field of Natural Climate
decarbonisation of all its products and processes Solution aimed at offsetting GHG emissions.
by 2050. Its net zero plan for Baleine – the largest This will be achieved through the protection,
discovery ever made in Cote d’Ivoire, this Sep- sustainable management and restoration of
tember – is a pioneering industry move. degraded natural ecosystems; agricultural devel-
Eni estimates that Baleine could contain opment initiatives focused on the cultivation of
in-place resources of more than 2bn barrels of oil crops and the collection of natural waste and
oil and 2.4 trillion ft3 of associated natural gas. Used Cooking Oil, to be used as bio-feedstock
The Italian company has committed to a phased for biorefineries (biogas, biomethane); and
development strategy for the Baleine field, the identification and possible development of
through an accelerated development (Phase 1) power production projects from renewable or
with start-up by 2023 that will allow an opti- low-carbon sources, with a focus on solar power.
mised time-to-market. The Baleine CI-101 block is operated by a
“In parallel with the first phase, the full-field consortium made up of Eni as the operator and
studies will advance. The project will leverage the National Society of Petroleum Operations
the best available technologies to minimize in Côte d’Ivoire (Petroci). Eni owns stakes in
GHG emissions, implementing high efficiency blocks CI-205, CI-501, CI-504 and CI-802, also
plant solutions, process energy recovery and the with Petroci.™

P8 www. NEWSBASE .com Week 50 16•December•2021