ENI to launch Production from Ghana’s Sankofa Field

• Monday, 12th June 2017
• by

ENI will start commercial oil and gas production at its Sankofa field off the coast of Ghana in July, three months ahead of schedule. According to Seeking Alpha, The Sankofa field, which will pump 45,000b/d, is in pha...

GNPC Received $500m LOC for Sankofa Gas

• Wednesday, 5th October 2016
• by Egypt Oil & Gas

HSBC and Standard Chartered issued a $500m letter of credit (LOC) to Ghana National Petroleum Corporation (GNPC) to guarantee payments for gas extracted in 2018 from the offshore Sankofa field, Reuters Reported. The b...

Ghana to Refinance Loans for Sankofa Field

• Tuesday, 27th September 2016
• by Egypt Oil & Gas

The Ghana National Petroleum Corporation (GNPC) has guaranteed that it will work with the Public Utilities Regulatory Commission (PURC) to secure refinancing of the loans used by government in the Gye Nyame Sankofa fi...

Ghana to Push Oil Output to 240,00b/d by 2020

• Thursday, 22nd September 2016
• by Egypt Oil & Gas

Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new offshore fields come on stream, to push total output above 240,000b/d, Reuters reported. Ghana’s Tweneboa-Enyenra-Nto...