Eni, Vitol to develop gas-condensate offshore Ghana

Eni and Vitol have signed a memorandum of understanding to develop and commercialize gas on the Offshore Cape Three Points block in the Tano basin offshore Ghana.

Eni said the Sankofa-2 appraisal well and the Gye Nyame discovery both contained gas-condensate. Sankofa is about 30 miles offshore in less than 1,000 m of water.

Eni operates the block with a 47.222% stake in partnership with Vitol 37.778% and Ghana National Petroleum Corp. 15%.

The agreement sets out the key principles for future development of the discoveries and commercialization of the gas in the contract area. It focuses particularly on the domestic gas market. Few other details were available.

Eni operates the Offshore Cape Three Points and Offshore Keta blocks off Ghana (see map, OGJ, Mar. 15, 2010, p. 34).

Related Articles

INTERNATIONAL BRIEFS

01/01/1990 WESTCOAST ENERGY INC., Vancouver, B.C., agreed to buy the utilities and propane business of Inter-City Gas Corp. (ICG), Winnipeg, Man., for $720 mi...

OWNERSHIP QUESTIONS CAN STYMIE DEVELOPMENT OF COALBED METHANE

01/01/1990 Although the technology exists for commercial recovery of coalbed methane, production has been hindered because of the legal quandary as to ownersh...

OIL FLOW RISING IN E. CHINA REGION

01/01/1990 Production is building from an oil producing area in the lower reaches of the Yangtze River in eastern China's Jiangsu Province. The northern J...

GAS EXPLORATION FANS OUT MIN ARKOMA BASIN

01/01/1990 Gas exploration is heating up in the South Central Arkoma basin's pre-Pennsylvanian formations. Several operators are targeting Siluro-Devonian...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected