Ghana’s Petroleum Commission reviews oilfield development plan

Ghana’s Petroleum Commission is reviewing the offshore Cape three-point plan of development to permit Eni to start work in the Sankofa Gye Nyame oil fields.

Aug 11th, 2014

Offshore staff

ACCRA, GhanaGhana’s Petroleum Commission is reviewing the offshore Cape three-point plan of development to permit Eni to start work in the Sankofa Gye Nyame oil fields.

Eni, as operator, has submitted a plan to develop this field; initially, the commission reviewed the development concept, which is an integrated oil and gas project with the first oil expected in 2016/2017 and first gas a year later. The field would be developed by the ENI as the operator, with Ghana National Petroleum Corp. (GNPC) and v-tour as partners.

A set of recommendations will be presented to the energy ministry for consideration before the signing of the contract. Meanwhile, the Petroleum Commission, GNPC, and the energy ministry are negotiating the gas commercial contract for the Sankofa Gye Nyame oil fields.

08/11/2014

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