Tullow Oil announced on Wednesday, December 14, that he signed a production-sharing contract (PSC) relating to the block with the Ivorian authorities CI-803, an exploration area of 1 345 km² located offshore, near the CI-524 block.

The British energy producer is a major player in Ghana's hydrocarbon sector, whose petroleum system, particularly the TEN and Jubilee production fields, shares similarities with that of Côte d'Ivoire. Tullow operated these two perimeters with a 90% stake compared with 10% for the public petroleum company of Côte d'Ivoire (PetroCI). The company has undertaken to execute a work plan lasting two and a half years, essentially involving the reprocessing of the 3D seismic data available on the site. It also plans to conduct a study of the exploration possibilities offered by block CI-803.

A en croire Rahul Dhir, directeur g é n é ral de Tullow Oil , “this new license underlines our firm commitment à invest and unleash the potential of resources in Côte d'Ivoire. Our exploration strategy focuses on existing production fields in basins where we have a differentiated understanding, in this case, thanks to our in-depth understanding of the Tano Basin ”.