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SOCAR's Acquisition of a 10% Stake in the Baleine Field in Africa Has Been Formalized

Summary by Banker.az
The process of acquiring a 10% stake in the Baleine oil and gas field development project in the Republic of Ivory Coast between the State Oil Company of the Republic of Azerbaijan (SOCAR) and the Italian company Eni S.p.A. has been completed. Banker.az reports. The transaction was finalized upon receipt of all required approvals and fulfillment of necessary conditions. As a result of the completion of the transaction, the stakes in the Baleine …
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The Baleine project, the country's main offshore development, is now held by Eni (37.25%), Vitol (30%), Socar (10%) and Petroci (22.75%) The article Eni perfects the sale of 10% of Baleine to Socar: the Ivorian offshore project sees the entry of the Azerbaijani group comes from Industria Italiana.

SOCAR and the Italian company Eni S.p.A. signed a contract for the Baleine field in Ivory Coast ... Continue

The Italian energy group Eni has completed the sale of a 10% share of the State Oil Company of Azerbaijan (SOCAR) in the Baleine oil and gas field ... . . . . . . 16.09.2026, PRIM

The process of acquiring a 10% stake in the Baleine oil and gas field development project in Ivory Coast between the State Oil Company of Azerbaijan (SOCAR) and the Italian company Eni S.p.A. has been completed.

The process of acquiring a 10% stake in the Baleine oil and gas field development project in the Republic of Ivory Coast between the State Oil Company of the Republic of Azerbaijan (SOCAR) and the Italian company Eni S.p.A. has been completed. Banker.az reports. The transaction was finalized upon receipt of all required approvals and fulfillment of necessary conditions. As a result of the completion of the transaction, the stakes in the Baleine …

SOCAR and Italy's Eni S

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italpress.com broke the news on Wednesday, September 16, 2026.
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