Eni is starting commercial oil and gas production at the Sankofa field offshore Ghana 3 months ahead of schedule, the company confirmed. Production was set to begin in July with output eventually to reach 45,000 B/D. The development represents phase one of the USD 7.9-billion Offshore Cape Three Points (OCTP) project, which will produce up to 180 MMscf/D of gas from the neighboring Gye Nyame field by the end of 2018. Eni, the operator, holds a 44.44% interest in OCTP with Vitol (35.56%) and Ghana National Petroleum Corp. (20%) holding the remaining stakes.
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