Eni has started production from Ghanas Offshore Cape Three Points (OCTP) integrated oil and gas project in just two-and-a-half years, three months ahead of schedule
The OCTP development comprises the Sankofa Main, Sankofa East and Gye-Nyame fields, located off the west coast of Ghana. These fields have approximately 770mn boe in place (500mn barrels of oil and 270mn boe of non-associated gas). In a boost for the west African country's domestic energy market, the project includes the development of gas fields whose output will be used to produce power entirely within Ghana.
Production will be carried out on the John Agyekum Kufuor FPSO, producing up to 85,000 boe per day via 18 underwater wells. A 63km submarine pipeline will transport gas to Sanzule's onshore receiving facility, where it will be processed and transmitted to the Ghanaian national grid.
Eni CEO Claudio Descalzi said the OCTP production launch "confirms the effectiveness of our new operational model, where Enu has a central role in project management, aimed at improving time to market." Eni is operator of the OCTP block with a 44.44 per cent stake, while Vitol holds 35.56 per cent and Ghana National Petroleum Corporation (GNPC) 20 per cent.
