Eni has announced that its floating production, storage and offloading (FPSO) vessel has been named John Agyekum Kufuor at a ceremony in Singapore and is now preparing to sail to Ghana's Offshore Cape Three Points project.

This vessel will operate in Sankofa-Gye Nyame field located in the Tano Basin for the Offshore Cape Three Points (OCTP) project off the coast of Ghana.

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The vessel was named after Ghana’s former president John Kofi Agyekum Kufuor.

Vessel launch is due this week and it is expected to reach its destination by April.

The FPSO vessel carries an oil treatment capacity of 58,000bpd. It can also treat 210 million standard cubic feet of gas a day (Mscf/d).

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"The FPSO vessel carries an oil treatment capacity of 58,000bpd."

In addition, the vessel has a water injection module of up to 55,000bpd and gas injection facilities of up to 150Mscf/d. Eni plans to connect 18 subsea wells using this FPSO vessel.

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Meanwhile, a 63km long pipeline will transport gas to Ghana’s domestic thermal power plants for more than 15 years to fulfill the country’s energy requirements and support its economic development.

Eni owns 44.44% stake in the OCTP block along with operatorship rights. The remaining partners of this project are Vitol and GNPC with 35.56% and 20% interest respectively.

Through its subsidiary Eni Ghana, the company has been operating in Ghana since 2009.

As well as the OCTP licence, Eni also operates the Cape Three Points Block 4 exploration licence.