In 1975, Côte d’Ivoire established the Société Nationale d'Operations Pétrolières de la Côte d'Ivoire (Petroci) to oversee the country’s oil operations. In 1998, the government re-structured Petroci by dividing it into entities, which include: Petroci Holding (responsible for portfolio management of the oil sector), Petroci Exploration-Production (responsible for upstream hydrocarbon activities), Petroci-Gaz (responsible for the natural gas sector), and Petroci Industries-Services.
Petroci's role currently includes the development and maintainance of the main database on Côte d'Ivoire's oil assets, and the assumption of minority participation - generally between 5% and 15% - in the offshore ventures operated by international companies.
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