Taleveras signs new upstream oil and gas agrements in Ivory Coast

The agreement was signed with the Ministry of Energy and Petroleum, PETROCI, the national oil company of Ivory Coast, and Afren, the London-listed independent oil and gas company. Taleveras has also acquired an interest in Afren’s CI-525, located near the Ghanaian border.  Block CI-523 contains the Ibex oil and gas discovery, while CI-525 covers the Kudu and Eland gas discoveries.

Taleveras signed an MOU with PETROCI for collaboration in upstream activities in Ivory Coast in July 2011. Since then Taleveras has signed Production Sharing Contracts with PETROCI for 4 exploration blocks offshore Ivory Coast.

Taleveras is a diversified energy and infrastructure conglomerate concentrating on oil and gas exploration, production, trading and supply, with further activities in power and construction. Active across the globe, Taleveras’ offices are located in London, Geneva, Abidjan, Abuja, Lagos, Cape Town and Dubai. The company is privately owned.

PETROCI has been the national oil company of Ivory Coast since 1975.