Why is the Baleine project considered a milestone for environmental standards in Africa?

Baleine is designed to be Africa's first net-zero emissions project for Scope 1 and 2. Eni and its partners are achieving this by utilizing best-in-class energy efficiency technologies, eliminating routine gas flaring, and offsetting residual emissions through local forestry and community initiatives.

What role does Altera Infrastructure play in this specific contract?

Altera Infrastructure is responsible for the complete delivery of the newbuild FPSO, which includes the engineering, procurement, construction, installation, and eventual commissioning of the vessel. They will ensure the floating facility is custom-built to handle the specific gas and liquids processing requirements of the Baleine field's second phase.

How does this development affect the broader West African energy landscape?

This project establishes Côte d’Ivoire as a major offshore producer, reducing its reliance on energy imports and boosting regional gas-to-power initiatives. It also demonstrates to international investors that deepwater West African projects can be brought from discovery to production in record time when utilizing phased, standardized development strategies.

Offshore Energy · July 3, 2026 (Jul 3) · 1 min read

Altera Infrastructure on FPSO duty for Eni’s West African oil & gas project

ENI S.p.A.

Analysis

AI-assisted analysis · reviewed by Yuri Kan

Eni's selection of Altera Infrastructure to supply a newbuild FPSO for the Baleine field expansion off Côte d’Ivoire underscores the major operator's commitment to fast-tracking deepwater West African hydrocarbons. This development marks a critical step in scaling up Africa's first net-zero emissions (Scope 1 and 2) production project, showcasing how majors are balancing aggressive volume growth with stringent decarbonization targets. For the offshore services sector, this major award signals robust capital expenditure appetite for complex, long-term deepwater infrastructure despite broader macroeconomic volatility.

Key Facts

Italian multinational Eni has officially contracted Altera Infrastructure to deliver a newbuild Floating Production, Storage, and Offloading (FPSO) unit.
The vessel is destined for the second phase of development at the giant Baleine oil and gas field, located in the deep waters off the coast of Côte d’Ivoire.
Baleine stands as the largest hydrocarbon discovery ever made in Côte d’Ivoire, with estimated reserves of 2.5 billion barrels of oil and 3.3 trillion cubic feet of associated gas.
Altera Infrastructure will oversee the engineering, procurement, construction, installation, and commissioning (EPCIC) of the newbuild floating production facility.
The project is designed with advanced emissions-reduction technologies, aligning with Eni's strategic goal to make Baleine the continent's first net-zero operational development.
First oil from the initial phase of the Baleine field was achieved in August 2023, just two years after the initial discovery, setting a rapid industry precedent for deepwater projects.

Background & Context

The Baleine field was discovered by Eni in September 2021, followed by a successful appraisal well in 2022 that significantly boosted the estimated resource size. Côte d’Ivoire has historically been a minor player in West African oil production compared to neighbors like Nigeria and Ghana, but the Baleine discovery has transformed its offshore outlook. Eni's phased development strategy leverages fast-track early production systems to generate cash flow before deploying larger, permanent infrastructure like the newly commissioned Altera FPSO for Phase 2.

Market Impact

This contract award provides a substantial backlog boost for Altera Infrastructure, solidifying its position in the competitive high-spec FPSO market. For Côte d’Ivoire, the deployment of a second, larger production vessel will dramatically increase domestic oil and gas output, positioning the country as a regional energy hub and exporter. The project's net-zero design framework sets a new benchmark for offshore engineering, forcing rival shipyards and operators to integrate carbon capture, energy efficiency, and gas-flaring elimination technologies into future deepwater tenders.

What to Watch

Market watchers should monitor the construction milestones of the Altera FPSO, particularly the integration of emissions-mitigation technologies at the selected shipyard. The key upcoming milestone will be the final investment decision (FID) and subsequent deployment timeline for Phase 2, which is targeted to bring the field's total production capacity to 150,000 barrels of oil per day. Additionally, observers will look to see if Eni can successfully replicate this fast-track, low-carbon development model in its other African and Mediterranean assets.

Frequently Asked Questions

Why is the Baleine project considered a milestone for environmental standards in Africa?: Baleine is designed to be Africa's first net-zero emissions project for Scope 1 and 2. Eni and its partners are achieving this by utilizing best-in-class energy efficiency technologies, eliminating routine gas flaring, and offsetting residual emissions through local forestry and community initiatives.
What role does Altera Infrastructure play in this specific contract?: Altera Infrastructure is responsible for the complete delivery of the newbuild FPSO, which includes the engineering, procurement, construction, installation, and eventual commissioning of the vessel. They will ensure the floating facility is custom-built to handle the specific gas and liquids processing requirements of the Baleine field's second phase.
How does this development affect the broader West African energy landscape?: This project establishes Côte d’Ivoire as a major offshore producer, reducing its reliance on energy imports and boosting regional gas-to-power initiatives. It also demonstrates to international investors that deepwater West African projects can be brought from discovery to production in record time when utilizing phased, standardized development strategies.

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