Ghana: ExxonMobil in talks for DWCTP

The Ministry of Energy is in talks with ExxonMobil for the Deepwater Cape Three Points (DWCTP) Block, with a petroleum agreement due to be signed as African Energy went to press. The block was previously operated by Vanco Energy Company, and then by Lukoil. It lies some 150km offshore in water depths ranging from 2,000 to 4,000 metres.The block is geologically analogous to Guyana, and the ministry said ExxonMobil’s Payara discovery had positive implications for DWCTP.