GE Oil & Gas is nearing completion on the company’s new Takoradi services facility in Ghana, as part of preparations by the company to support energy production in the country, All Africa reported.
GE’s Takoradi facility is scheduled for completion by the end of August, with the first two subsea trees, also known as Christmas Trees, for the the Offshore Cape Three Points (OCTP) development slated to arrive at the facility in September.
GE’s project will support the $7b OCTP development, a large integrated oil and gas venture operated by Eni Ghana, together with its partners Vitol and Ghana National Petroleum Company. In addition to producing oil for export, the project will supply gas for power generation in Ghana, according to Offshore Technology.
The offshore fields located within the OCTP block in the Tano Basin, are at water depths ranging from 600m to 1,000m and approximately 60km off the coast of Ghana, with estimated reserves of 1.5tcf of gas and 500m barrels of oil.
Extracting resources from thousands of meters deep underwater, in unpredictable weather, requires major machinery, specialized technology, and a highly skilled workforce. GE’s support in OCTP development will help ensure Ghana has both the technical skills and infrastructure, as well as the capacity needed for the successful development of this area.