Gulf Oil and Gas accountACCOUNT

Eni Starts Gas Production from OCTP Project

Source: www.gulfoilandgas.com 7/4/2018, Location: Africa

Share |
Eni has started gas production from the Sankofa field in the Offshore Cape Three Points (OCTP) Integrated Oil and Gas Project, in Ghana, on schedule during the past weekend. The field will provide 180 million standard cubic feet per day (mmscf/d) for at least 15 years, enough to convert to gas half of Ghana’s power generation capacity.

Production started from two of the four deep-water subsea wells connected to the Floating Production, Storage and Offloading (FPSO) vessel “John Agyekum Kufuor”. After the final steps of commissioning of the offshore facilities, production will gradually flow via a dedicated 60km pipeline to the Onshore Receiving Facility (ORF) in Sanzule, where gas will then be compressed and distributed to Ghana’s national grid.

OCTP is the only deep offshore non-associated gas development in Sub-Saharan Africa entirely destined to domestic consumption and it will guarantee stable, reliable, affordable gas supplies to Ghana. The project was developed with the support of the World Bank, and it has a strategic relevance: gas from OCTP can help Ghana shift from oil-fueled power generation to a cleaner power source, with financial as well as environmental benefits, and contribute to the Country’s sustainable economic development.

“OCTP combines value creation with social and environmental sustainability”, said Eni CEO Claudio Descalzi. “OCTP gas will contribute to Ghana’s energy stability, which is a prerequisite for industrial and economic growth, while at the same time helping reduce harmful emissions. It is an evidence of Eni’s commitment to sustainable development and long term partnership with host countries, where we can grow only if we grow together”.

“GNPC is delighted that the OCTP development has reached this milestone”, said GNPC CEO Dr KK Sarpong, “and will support Eni on the further steps to ensure gas delivery to the Ghanaian market reaches its expected volumes in the shortest period of time”.

Eni has been present in Ghana since 2009 through its subsidiary Eni Ghana. Eni is Operator of the OCTP Integrated Oil&Gas Development Project (Eni 44.44%, Vitol 35.56%, GNPC 20%) which, with its record start-up (3 months ahead of schedule) and an accelerated ramp-up, reached the peak production one year ahead of the development plan. With the achievement of gas start up, OCTP overall oil and gas production can reach up to 85,000 barrels of oil equivalent per day.

For more information about related Opportunities and Key Players visit West Africa Projects

Production News in Ghana >>

Brazil >>  7/17/2018 - Petrobras reports that, in June, its total production of oil and gas, including natural gas liquids (NGL), was 2.62 million barrels of oil equivalent ...
Iraq >>  7/17/2018 - Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has announced a two-thirds increase in production from...

Azerbaijan >>  7/16/2018 - Exports from the first stage of Azerbaijan's giant Shah Deniz gas field stood at 3.654 billion cubic metres (bcm) in the first half of this year, down...
Libya >>  7/12/2018 - Libya’s National Oil Corporation (NOC) said that it was reopening the El Feel oilfield after resolving a dispute with guards over pay and benefits tha...

Libya >>  7/12/2018 - Libya’s Abu Attifel oil field, which had been shut for about two weeks due to a stand-off at eastern export terminals, has resumed operations, an engi...
Libya >>  7/5/2018 - National Oil Corporation (NOC) and Eni announce that Mellitah Oil & Gas, Eni and NOC joint venture company (50/50), has started production from the fi...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Ghana Oil & Gas 1 >>  2 | 3 | 4 | 5 |

Oil & Gas Projects in Ghana >>

More News

 

Oil & Gas Companies in Ghana >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.