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Taleveras, Afren seal upstream oil, gas deal in Ivory Coast

Nigerian indigenous independent oil and gas company, Taleveras, has sealed a fresh upstream deal with the government of Ivory Coast for offshore Block CI-523.

The President and CEO of Taleveras Group, Mr. Igho Sanomi, who led the firm’s delegation to the francophone West African state, signed the deal with officials of the Ministry of Energy and Petroleum, PETROCI, the national oil company of Ivory Coast, and Afren, the London-listed independent oil and gas company.

Prior to the fresh deal, Taleveras had acquired an interest in Afren’s CI-525, located near the Ghanaian border.

The new investment portfolio, which covers Block CI-523, contains the Ibex oil and gas discovery, while CI-525 covers the Kudu and Eland gas discoveries.

The Nigeria-based business concern had signed a memorandum of understanding, MoU, with PETROCI for collaboration in upstream activities in Ivory Coast in July 2011.

Since then Taleveras had signed Production Sharing Contracts with PETROCI for four 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.


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