Addressing the staff, the Minister encouraged continued professionalism and dedication, revealing that plans are in motion for the establishment of a new gas processing plant – a move he described as key to securing a sustainable and prosperous energy future for Ghana.
Eni Ghana, along with its Offshore Cape Three Points (OCTP) partners Vitol Upstream Ghana Ltd and the Ghana National Petroleum Corporation (GNPC), has completed a major upgrade of its gas processing infrastructure, increasing capacity from 246 to 270 million standard cubic feet per day (MMSCFD).
Italian energy group Eni will temporarily suspend operations at a gas plant in Ghana on Sunday to implement a supply increase, likely resulting in power cuts, the West African country said on Wednesday.
The declaration was submitted by a joint venture comprising Eni Ghana Exploration & Production Ltd, Vitol Upstream Tano Ltd, Woodfields Upstream Ghana Ltd, and GNPC Exploration & Production Company Ltd (Explorco), in collaboration with the Ghana National Petroleum Corporation (GNPC).
“The Ministry, working closely with the Petroleum Commission and GNPC, will continue to provide the necessary oversight and support to ensure that the development of the Eban-Akoma project is conducted efficiently and in alignment with government priorities. Further technical and commercial evaluations will be undertaken to finalize a development framework that is mutually beneficial and aligned with Ghana’s long-term energy strategy,”Mr Rockson added.
Under the terms of the MoU, the partners have committed to drilling up to 20 additional wells in the Jubilee field, with investments totalling up to $2 billion over the life of the licences. The partners expect a material increase in gross 2P (proven and probable) reserves, while new measures will also aim to boost gas supply and reduce costs to consumers.
Appointed by President John Mahama in consultation with the Council of State, the board is expected to deliver on several key priorities: operational revitalisation, accelerated green transition, human capital development, and strengthened public engagement.
“And so what is going to happen is that Oman is not going to allow for a unilateral decision to just close that end completely again, like I pointed out, the Chinese had a lot of interest in terms of movements of goods and other services, or, eh, movements of goods more or less to the Chinese and other South Asian countries. And so they also have an interest in ensuring that the passage is not closed,” he said during a discussion on TV3 on Monday, June 23.
Indonesia, with a population exceeding 280 million and comprising approximately 17,024 islands, is renowned for its robust oil and gas industry and is the fourth most populous country globally. The nation’s expertise and resources present valuable opportunities for collaboration with Ghana in the energy sector.
According to the statement, the agreement brings together Tullow Oil plc, Kosmos Energy, PetroSA, the Ghana National Petroleum Corporation (GNPC), and Explorco, and will see the West Cape Three Points (WCTP) and Deep Water Tano (DWT) licences—home to the Jubilee and 10 fields—extended by 15 years.