(Ecofin Agency) - Anadarko Petroleum, an oil and gas company listed on the New York market, will explore the CI 527 block in the Côte d'Ivoire offshore as part of a production sharing agreement signed on 6th September with the Ivorian government, the online portal of the daily newspaper Le Patriote reported on 7th September.

The American company, very active in East Africa and with assets in neighboring Ghana, holds 90% shares in the production sharing agreement against 10% for Ivorian Petroci.

The announced exploration activities include the drilling of 3 exploration blocks for a minimum total investment of USD 30 million on blocks CI 527, CI 528 and CI 103.

Block CI 527 covers 1,038 km2 in deep waters in the eastern part of the sedimentary basin, at the south of Abidjan and block CI 103.