document: On 30 May 2018, the Ivorian Ministry committee agreed a series of negotiations undertaken with Dragon Oil plc (Dragon Oil) about the award of block CI-24. It is understood that the presidential consent is the last step to reach in order to finalize the award. CI-24 will be the first Sub-Saharan African asset for Dragon Oil, as the Dubai-based oil and gas exploration and production company has a portfolio mainly focused on Middle East and Saharan Africa so far.   The 839 sq km block CI-24 is located offshore Abidjan. The northern limit of the block is the coastline and it adjoins to the east Vitolâs block CI-202. Water depth varies from 0 m in the north to 1,500 m in the southwest corner of the tract. In the current CI-24 area, ExxonMobil (Esso) produced almost 20 MMbbl of oil for 12 years from the Belier field, before abandonment in 1992. Two other discoveries were made in the mid-1970s, but never developed (Ivco 6 and Ivco 8).
summary: the Ivorian Ministry committee agreed a series of negotiations undertaken with Dragon Oil plc (Dragon Oil) about the award of block CI-24.