Ghana: Eni sanctions Sankofa project
Issue 293
- 29 Jan 2015
| 1 minute read
Operator Eni has given the go-ahead for a project to develop the Sankofa, Sankofa East and Gye Name fields on the Offshore Cape Three Points (OCTP) Block. Eni, Vitol and Ghana National Petroleum Corporation signed an agreement on 27 January with President John Dramani Mahama and petroleum minister Emmanuel Armah-Kofi Buah to proceed with the OCTP integrated oil and gas project. First oil is expected in 2017, first gas in 2018 and the peak production will reach 80,000 boe/d in 2019, Eni said. A preliminary agreement was announced in December after more than a year of negotiations.
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