Eni has announced that the Floating, Production, Storage, Offloading (FPSO) vessel for the Sankofa Gye Nyame Oil and Gas project will be received in Ghana in March 2017.

According to the Managing Director of Eni Ghana, Fabio Cavanna, construction works have progressed gradually and the vessel is expected to arrive in the country for the start of commercial production in August 2017 as planned. “I can say that we are in the advanced stage of the project; the FPSO is coming to Ghana in March 2017 and then it has to be installed and all the facilities installed, so the first storage is confirmed in August,” Fabio Cavanna told Ghanaweb.

He added that gas production from the oil fields is expected to commence in H1 of 2018 and is confident that the project will enable Ghana increase its energy supplies. “We are also working hard for the gas portion and the first gas is planned in the first half of 2018 and we are going to deliver at least one hundred and seventy one million standard cubic feet a day from 2018 to 2036,” he said.

The CEO of the Ghana National Petroleum Corporation (GNPC), Alex Mould, had earlier announced that the project will be completed within schedule stating that the Sankofa Project is amongst the few projects around the world that has progressed despite the challenging oil and gas environment.

Eni operates the Sankofa Gye Nyame oil and gas project with a 47.2% participating interest alongside Vitol with 37.8% while GNPC holds a 15% carried interest.

Anita Fatunji