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Offshore Cape Three Points (OCTP) Integrated Oil and Gas Project

Project Type

Integrated oil and gas fields development

Location

Offshore Cape Three Points (OCTP) block, Tano Basin, approximately 60km off the coast of Ghana

Development Partners

Eni Ghana Exploration and Production (47.22%), Vitol Upstream Ghana (37.78%), Ghana National Petroleum Corporation (15%)

Operator

Eni Ghana Exploration and Production

Development Started

January 2015

First Production Expected

Oil: May 2017, Gas: Mid-2018

Combined Reserves

1.5 trillion cubic feet (tcf) of gas and approximately 500 million barrels of oil

Estimated Investment

$7bn
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