The Meridian

Côte d’Ivoire signs eight production sharing contracts with Petrobras

Profit oil split of 62.5% to the State and 37.5% to Petrobras; 75% of the sedimentary basin is now under licence.

Côte d’Ivoire awarded eight production sharing contracts to Petrobras in a single day, Financial Afrik reported on 18 September 2026. The State’s share of production is set at 62.5% and Petrobras’s at 37.5%.

The award brings about 75% of the country’s sedimentary basin, around 63,000 square kilometres, under contract. Work commitments were not detailed in the report reviewed.

The Meridian Editorial Team

Andrew U. — Editorial Director | Damilare A. — Intelligence Director | Amaka Nwoye — Senior Legal Research Analyst | Salome Mensah — Market Intelligence Analyst | May Ndlovu — Editorial Researcher | K.K. Lawal — Senior Correspondent | The Meridian’s editorial team brings experience across West African legal markets, commercial law, market intelligence and structured research. Our standard is simple: evidence first, independent judgement, and analysis grounded in how legal work happens in practice.

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