IBOV 172,470.78 ▲ 0.66% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.40% USD/MXN18.63— 0.00% USD/CLP983.31▼ 0.09% USD/COP3,278▲ 0.13% USD/PEN3.41▼ 0.04% USD/ARS1,544▼ 0.11% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP60.98▲ 0.96% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.17▼ 0.14% BRENT 93.45 ▲ 2.14% WTI 87.30 ▲ 1.46% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.02% GOLD 3,996 ▼ 0.85% SILVER 51.91 ▲ 1.58% SOY 1,232 ▲ 0.57% CORN 447.25 ▼ 0.39% WHEAT 600.25 ▲ 1.27% COFFEE 265.45 ▼ 2.19% SUGAR 18.47 ▲ 2.10% ORANGE JUICE 145.60 ▼ 0.78% COTTON 82.35 ▲ 4.65% COCOA 5,061 ▲ 6.73% BEEF 218.73 ▼ 0.22% CATTLE 327.80 ▼ 0.77% LITHIUM 61.24 ▲ 2.10% PETR4 44.09 ▼ 1.91% VALE3 64.52 ▼ 0.43% ITUB4 41.73 ▲ 1.29% BBDC4 14.42 ▼ 0.83% ABEV3 15.79 — 0.00% BBAS3 17.07 ▼ 0.18% B3SA3 14.78 ▲ 2.07% WEGE3 51.62 ▲ 1.32% PRIO3 61.76 ▲ 2.90% SUZB3 54.13 ▼ 0.61% RENT3 30.27 ▲ 1.61% AZZA3 15.12 ▲ 2.65% CSAN3 3.01 ▲ 12.31% RAIZ4 0.30 ▼ 98.77% PCAR3 2.57 ▲ 0.39% GMAT3 3.98 ▲ 4.46% PSSA3 46.11 ▼ 1.20% CVCB3 0.88 ▲ 2.33% POSI3 3.25 ▲ 3.17% SLCE3 17.12 ▲ 0.18% NATU3 5.63 ▲ 1.44% BRKM5 2.91 ▼ 0.34% RANI3 8.46 ▲ 0.12% CSNA3 4.42 ▲ 0.91% IBOV 172,470.78 ▲ 0.66% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.38% USD/MXN 18.63 ▲ 0.03% USD/CLP 983.52 ▼ 0.07% USD/COP 3,278 ▲ 0.13% USD/PEN 3.41 ▼ 0.04% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 60.98 ▲ 0.96% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.33% USD/TTD 6.72 ▲ 2.23% EUR/BRL 6.17 ▼ 0.14% BRENT 93.45 ▲ 2.14% WTI 87.30 ▲ 1.46% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.02% GOLD 3,996 ▼ 0.85% SILVER 51.91 ▲ 1.58% SOY 1,232 ▲ 0.57% CORN 447.25 ▼ 0.39% WHEAT 600.25 ▲ 1.27% COFFEE 265.45 ▼ 2.19% SUGAR 18.47 ▲ 2.10% ORANGE JUICE 145.60 ▼ 0.78% COTTON 82.35 ▲ 4.65% COCOA 5,061 ▲ 6.73% BEEF 218.73 ▼ 0.22% CATTLE 327.80 ▼ 0.77% LITHIUM 61.24 ▲ 2.10% PETR4 44.09 ▼ 1.91% VALE3 64.52 ▼ 0.43% ITUB4 41.73 ▲ 1.29% BBDC4 14.42 ▼ 0.83% ABEV3 15.79 — 0.00% BBAS3 17.07 ▼ 0.18% B3SA3 14.78 ▲ 2.07% WEGE3 51.62 ▲ 1.32% PRIO3 61.76 ▲ 2.90% SUZB3 54.13 ▼ 0.61% RENT3 30.27 ▲ 1.61% AZZA3 15.12 ▲ 2.65% CSAN3 3.01 ▲ 12.31% RAIZ4 0.30 ▼ 98.77% PCAR3 2.57 ▲ 0.39% GMAT3 3.98 ▲ 4.46% PSSA3 46.11 ▼ 1.20% CVCB3 0.88 ▲ 2.33% POSI3 3.25 ▲ 3.17% SLCE3 17.12 ▲ 0.18% NATU3 5.63 ▲ 1.44% BRKM5 2.91 ▼ 0.34% RANI3 8.46 ▲ 0.12% CSNA3 4.42 ▲ 0.91%
since 2009
Wednesday, November 11, 2026

Africa Côte d'Ivoire

Two Vessels Begin Journey from Dubai to Enhance Ivorian Oil Production

By · · 2 min read

In a grand ceremony in Dubai, the FPSO Petrojarl Kong and the FSO Yamoussoukro started their voyage to Abidjan.

This marks a crucial milestone for the Baleine Phase 2 project, heralding growth in the global oil sector.

The Baleine Phase 2 project represents a significant expansion in offshore oil development for Ivory Coast, enhancing the country’s oil production capacity.

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This initiative strategically positions Ivory Coast as a major contributor to the energy sector in Africa.

Ivory Coast’s Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, addressed a distinguished crowd.

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His speech highlighted the Baleine field’s rapid advancement from discovery to production, a historic achievement for Ivory Coast.

Minister Sangafowa-Coulibaly aims to establish the extractive sector as a primary economic pillar in the country, following agriculture.

Voyage to Prosperity: Two Marine Giants Set Sail from Dubai to Transform Ivorian Oil.
Two Vessels Begin Journey from Dubai to Enhance Ivorian Oil Production.
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Baleine’s first phase exceeded expectations, boosting daily outputs by 40% more than forecasted.

This success sparks hope for maintaining high standards in the project’s second phase.

The Minister commended the teams from Altera and Dubai World Drydocks. They prepared the vessels for sea within just a year, showcasing remarkable efficiency.

Two Vessels Begin Journey from Dubai to Enhance Ivorian Oil Production

These units will soon join the FPSO Baleine, located 50 kilometers off the Ivorian coast. Together, they reinforce Ivory Coast’s strategic position in the oil industry.

This development precedes the International Exhibition of Extractive and Energy Resources (SIREXE) in Abidjan.

Scheduled from November 27 to December 2, 2024, SIREXE 2024 will spotlight initiatives like Baleine and explore investment opportunities.

The Baleine project is driving economic growth in Ivory Coast. It boosts local firms’ involvement in oil operations and supports a legal framework for local content.

This involvement is elevating local skills, vital for the industry’s long-term sustainability.

In his closing remarks, Minister Sangafowa-Coulibaly assured that Phase 2’s challenges would be met with robust enthusiasm.

He invited global partners to witness the first oil extraction from Phase 2 by the end of 2024, a momentous milestone in Ivory Coast’s journey to prosperity.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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