Eni Makes Major Gas Discovery Offshore Ivory Coast
Market Intelligence Analysis
AI-PoweredEni has made a significant natural gas and condensate discovery offshore the Ivory Coast, which is expected to boost the company's natural gas resources and potentially attract investors.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Eni has made a major natural gas and condensate discovery offshore the Ivory Coast in Africa, in part of what is estimated to be the second largest discovery in the country after Baleine, the Italian energy major said on Monday. Eni has focused on exploration offshore Africa in recent years as it looks to boost its natural gas resources and farm out minority shares to other companies and investors to fast-track the development of the discoveries. In the latest discovery offshore Côte d'Ivoire, also…
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