Eni has started production from the Integrated Oil&Gas Development Project in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast.
The OCTP development comprises the Sankofa Main, Sankofa East and Gye-Nyame fields, all situated about 60km from the western coast of Ghana.
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The fields are estimated to host approximately 770 million barrel of oil equivalent (Mboe), with 500 million barrels of oil and 270Mboe of non-associated gas.
As part of the project, gasfields will be developed and their production will be completely used by Ghana’s domestic market.
Eni CEO Claudio Descalzi said: “Starting production only two and a half years after the approval of the development plan is an extraordinary result and a reason for great pride.”
The company will use the ‘John Agyekum Kufuor’ floating production, storage and offloading unit (FPSO) for production.
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By GlobalDataThe unit is expected to produce up to 85,000boe/d through 18 underwater wells.
All gas recovered from the field will be transported through a 63km pipeline to Sanzule's onshore receiving facilities (ORF) where it will be processed and transmitted to Ghana’s national grid.
The project is expected to supply nearly 180 million standard cubic feet of gas a day.
Eni operates the OCTP block with a 44.44% stake, while Vitol owns 35.56% and Ghana National Petroleum (GNPC) holds a 20% stake.
Eni has been operating in Ghana since 2009 through its subsidiary Eni Ghana.
Last year, the company received a new exploration licence, Cape Three Points Block 4, adjacent to the OCTP Block.
