The President of the Republic of Ghana, His Excellency John Dramani Mahama, and Eni’s Chief Executive Officer, Claudio Descalzi, converged in Accra yesterday to chew over matters of the upstream sector and activities in the country.
Mr. Descalzi highlighted the attainments of the Offshore Cape Three Points project (OCTP), the biggest investment made by a private entity in the country, completed ahead of schedule and under budget, with first oil in 2017 and first gas in 2018. Gas from OCTP is entirely allocated for Ghana’s domestic consumption, ensuring a safe and reliable energy source to meet internal needs, contributing to around 70% of gas domestic production within the country.
Moreover, Eni has also brought to the President’s attention on some new short- and medium-term exploration and development opportunities.
The meeting also served as an opportunity to discuss Eni’s plans for economic diversification in Ghana.
Eni has been present in Ghana since 2009. The company is the operator of the OCTP project with a 44.4% share, in partnership with Vitol (35.6%) and Ghana National Petroleum Corporation (20%). Its portfolio of projects also includes initiatives in the areas of training, economic diversification, access to water and sanitation, and access to energy.