Ghana go-ahead for Eni and Vitol deep-water development

The $7bn development will be crucial for Ghana when it starts to flow in 2018

Eni and partner Vitol are to move ahead with a multi-field deep-water development which will produce oil for export and gas for the Ghanaian market. The $7 billion investment, described as transformational for the electricity-short country, will see gas landed for power generation for more than 15 years. The development covers fields in the Offshore Cape Three Points block, off western Ghana, where the exploration campaign was completed only two years ago. Three non-associated gasfields, Sankofa Main, Sankofa East and Gye Nyame, and two oilfields, Sankofa East Cenomanian and Sankofa East Campanian, will be brought on stream through a floating production, storage and of-floading vessel. Reser