Lukoil Inks Agreement On Offshore Block In Cote-d’Ivoire

Russia’s Lukoil Overseas, subsidiary of Lukoil, has signed a production sharing agreement with the government of Cote-d’Ivoire on the offshore block CI-524 in the Gulf of Guinea.Block CI-524 covering the area of 450 square kilometres in water depth ranging from 800 to 1,500 metres represents an eastern part of block CI-401 which Lukoil Overseas has been exploring since 2006.Lukoil Oversea is the