Abidjan, Cote d’Ivoire
Norway’s DNO buys into Cote d’Ivoire
DNO is diversifying beyond its usual regions of operation and plans further expansion
Oslo-listed RAK Petroleum has agreed to transfer its 100pc ownership of subsidiary Mondoil Enterprises to Norwegian operator DNO for $117.25mn. Mondoil in turn has a 33pc indirect interest in privately held and Abidjan-based Foxtrot International, which holds stakes in two Cote d’Ivoire blocks, CI-27 and CI-12. Foxtrot International operates Block CI-27 with a 27.27pc interest, and DNO’s indirect interest will equate to 9.09pc. The block contains “the country’s largest reserves of gas”, according to DNO, and its four in-production offshore fields and two fixed platforms together account for three-quarters of domestic gas needs. The four fields comprise Foxtrot—the first to start production i
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
