Eni has started production from the integrated oil & gas development project in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast, Offshore Energy Today reported.
According to Subsea World News, Eni announced that the project started in just two and a half years; three months ahead of schedule.
The OCTP integrated oil & gas development is made up of the Sankofa Main, Sankofa East and Gye-Nyame fields, which are located about 60 kilometers off Ghana’s Western Region coast.
The fields hold about 770mb of oil in place, of which 500mb and 270mb are non-associated gas .The project includes the development of gas fields from which the production will be utilized entirely by Ghana’s domestic market.
Production will be done through the ‘John Agyekum Kufuor’ floating, production storage and offloading unit (FPSO), which will produce up to 85,000b/d through 18 underwater wells.
A 63-kilometer submarine pipeline will transport gas to Sanzule’s onshore receiving facilities (ORF), from where it will be processed and transmitted to Ghana’s national grid, supplying approximately 180mcf/d.
“The launch of OCTP will provide gas to Ghana for over 15 years and the resulting electricity will give a real boost to the country’s development. All of this has only been possible thanks to the unwavering commitment of Ghanaian authorities and of our partners.” Eni CEO Claudio Descalzi said.
Eni is the operator of the OCTP block with a 44.44% stake, while Vitol holds 35.56% and Ghana National Petroleum Corporation (GNPC) owns 20%.