Ghana's Gas - OCTP Project

OCTP Project

Offshore Cape Three Points (OCTP) is an integrated deepwater project in Ghana split into two stages: the development of first oil, then gas deposits. The operator is Eni Ghana Exploration and Production (44.44 per cent), along with its partners Vitol Ghana Upstream (35.56 per cent) and the Ghana National Petroleum Corporation (20 per cent). OCTP is around 60km (37 miles) from Ghana’s western coast and boasts approximately 40bn m3 of non-associated gas reserves and 500m barrels of oil. The project is a good example of step-by-step development, combining the development of oil and gas fields in two stages.