The institutional landscape of the National Oil Operations Company of Ivory Coast (Petroci) is undergoing a reshuffle this Saturday, April 11, with the appointment of Moussa Dosso as chairman of the board of directors. Designated by President Alassane Ouattara, this chartered accountant succeeds Joachim Beugré, whose term began in 2019. A former minister-governor of the Woroba district, the new chairman is expected to officially assume his duties in the coming days, joining a management team where Fatoumata Sanogo has been serving as managing director since July 2023.
Moussa Dosso’s career stands out for his long-standing presence at the top of the Ivorian state. Between 2003 and 2017, he led several strategic ministries such as Trade, Industry, Technical Education, and Employment. His profile is complemented by international experience as a board member at the African Development Bank (AfDB). Furthermore, he has previous knowledge of Petroci, having acted as the lead negotiator during social crises in 2015, facilitating dialogue between unions and management.
This transition comes at a time of financial and operational growth for the national oil group. During the board meeting on April 8, the company reported an increase in net income, reaching 34.5 billion CFA francs compared to 32.4 billion in the previous fiscal year. These performances are part of the strategic plan for 2024-2028, marked by an acceleration of extractive activities and optimized management of the country’s energy resources.
The new chairman’s priorities revolve around transforming Petroci into a direct operator on the CI-523 and CI-525 oil blocks. The roadmap also includes the development of offshore fields in partnership with the Italian major Eni and a desire for geographical expansion, particularly through projects in the Sultanate of Oman. The overall goal remains positioning the Ivorian company as a key player in the oil industry in West Africa.
