Offshore Cape Three Points

OCTP is an integrated offshore deepwater development project located approximately 60 km off the coast of the western region of Ghana, which includes volumes of oil in place of about 500 million barrels of oil and non-associated gas, or around 41 billion cubic metres that will be used entirely by the domestic market for the production of electrical energy. The project has launched production in just two and a half years, and three months ahead of schedule, and thanks to 18 subsea wells connected to the FPSO "John Agyekum Kufuor" and a 63km pipeline, will provide domestic gas supply to Ghana’s thermal power plants for more than 15 years. It is one of seven record-breaking projects from Eni, all of which are remarkable for their rapid approval rates and times to start-up.

Learn more Source: eni.com

Project Key-Facts

  • Project name OCTP Oil/Gas
  • Country Ghana
  • Operator Yes
  • Start-up 1H17/1H18
  • Equity peak in 4 YP (kboed) 49
Source: 2018-2021 Strategy Presentation

Plants

  • John Agyekum Kufuor

    The FPSO “John Agyekum Kufuor”, named after Ghana’s Former President Kufuor, is a floating production, storage and offloading (FPSO) vessel, that shall operate in Sankofa-Gye Nyame field in the Tano Basin, in Ghana’s offshore, for the Offshore Cape Three Points (OCTP) project. After setting sail from Singapore on 28 February, after 40 days the vessel reached Ghana on 10 April. The FPSO has an oil treatment capacity of 58,000 barrels per day and a gas treatment capacity of up to 210 million standard cubic feet per day. Additional facilities include a water injection module of up to 55,000 barrels per day and gas injection facilities of up to 150 million standard cubic feet per day.

Gas Advocacy

Eni is focused on continuous growth based on exploration and the creation of long-term value, for a future in which everyone can have efficient and sustainable access to energy. To this end, it has embarked on an energy transition towards a low-carbon future that gives natural gas a central role alongside the growing development of renewable sources. In fact, gas advocacy, along with the promotion of renewables, can help eliminate the use of more polluting fossil fuels, such as coal, which is responsible for more than 70% of CO₂ emissions in the electricity sector. As a demonstration of this commitment, gas accounts for 51% of Eni’s consolidated reserves.

Learn more

ENI's great transformation - Fit for complexity

Eni has changed a lot during the last three years in order to face the challenges of the market and to better address the three major shocks that have affected the energy sector: the collapse of gas consumption in Europe; the decline of oil demand in Europe and refining margins ...

eniday

From Enipics

Visit the official channel Flickr
Offshore Cape Three Points (OCTP)

Offshore Cape Three Points (OCTP)

Dal battesimo all'avvio della produzione From the naming ceremony to the launch

From Enivideochannel

Visit the official channel YouTube

An integrated oil&gas development project - OCTP Project | Eni Video Channel

An overview on OCTP Project.

From Enivideochannel

Visit the official channel YouTube

Ghana's Gas - OCTP Project | Eni Video Channel

Eni starts gas production from OCTP Project.

Eni reaches all-time production record

1 million and 950 thousand barrels of oil equivalent per day.

Learn more

The OCTP project in Ghana

industrial development. The OCTP project in Ghana The OCTP project in Ghana The OCTP project in Ghana The OCTP project in Ghana The OCTP project in Ghana The OCTP project in Ghana OCTP combines value creation [...] The OCTP project in Ghana Oil and gas, access to energy and economic development ...

13 July 2018 eni.com Section: operations

Ghana: the OCTP project

Contacts Ghana: the OCTP project The Offshore Cape Three Points (OCTP) is an integrated oil and gas development project being a major contribution to access energy in Ghana. Caption Description OCTP will [...] and where needed most. Eni Ghana Exploration and Production Ltd is the Operator (47.222%) of the Project ...

12 May 2016 eni.com Section: media

OCTP Project Benefits

Contacts OCTP Project Benefits Through reliable supply of power, the OCTP Project will contribute significantly to the economic growth of Ghana's in the short-to-medium term. Ghana domestic natural gas [...] service delivery for power continuity against shortages currently being experienced in-country. OCTP Project multiple benefits can be summarized in the ...

12 May 2016 eni.com Section: media

Gas advocacy

Ghana The Offshore Cape Three Points (OCTP) project is making an important contribution to energy access in Ghana. In May 2017, we brought into production our Integrated Oil & Gas Development Project off the [...] signed an agreement with the Ghanaian authorities for the development of this integrated oil and gas project ...

26 April 2018 eni.com Section: operations

Eni’s activities in Ghana

expected by mid-2018. The OCTP project is the only non-associated gas development project in deep water entirely dedicated to the domestic market in Sub-Saharan Africa. This project will ensure at least 15 years [...] concentrated in the Offshore Cape Three Points (OCTP) area Eni offices and contacts in the country Upstream ...

12 May 2016 eni.com Section: enipedia

Eni’s sustainability projects in Ghana

Cape Three Point oil and gas project (OCTP) the Livelihood Restoration Plan applied in the country to support local families and encourage socio-economic development the project launched by the Eni Foundation [...] access to energy is Ghana. In fact, Eni has launched the integrated Oil and Gas Offshore Cape Three Points ...

12 May 2016 eni.com Section: enipedia

Local Content: the new Mattei Formula

investments. To this end, in 2016, we launched the inter-functional "Local Content Assessment Model" Project with the aim of developing a simple and easily replicable model for assessing the direct, indirect [...] IFC and World Bank requests. In 2017, the model was extended to the production phase of the OCTP project ...

28 June 2018 eni.com Section: Sustainability

The exploration model and projects

analyses for development are made during exploration. The information collected enables us to improve project engineering and reduce the amount of time required to reach the final investment decision (FID) . [...] Republic of Congo , progress was made in the implementation phase of the onstream Nené Marine Phase 2A project in the ...

8 June 2018 eni.com Section: operations

Sustainability

to sustain their livelihoods and ensure they benefit from the economic activity generated by OCTP Project, pursuing sustainable development. In this regard, a sustainable and extensive social investment [...] economic development, building local capacity to access long-term opportunities generated by the Project and in the wider area. In addition to the ...

12 May 2016 eni.com Section: media

Eni’s activities in the energy industry

field ), in Egypt (the Zohr and Nooros projects), in Ghana ( OCTP ) and in Indonesia (the Jangkrik project ) . The skills and commitment of our people have made us best in class in exploration, reservoir

6 April 2017 eni.com Section: operations

Eni’s relations with local communities

of the project, put together a number of measures during the selection and acquisition of land to avoid and minimise the environmental and social impact. To support families affected by the project, a recovery [...] with local stakeholders, aimed at promoting collaboration with the communities in all phases of the project ...

12 May 2016 eni.com Section: Sustainability

2017: annual and fourth quarter performances

produced excellent results in terms of both start-ups and ramp-ups: in addition to Zohr, the East Hub project in Angola, OCTP in Ghana and Jangkrik in Indonesia started production with a very short time-to-market

27 April 2018 eni.com Section: enipedia

First half 2017 performance

Cabaça South East field began after just three years - five months ahead of schedule. The second project involved both oil and gas development: production started after just over two years, giving local

28 February 2018 eni.com Section: enipedia

First half 2017 Results

Cabaça South East field began after just three years - five months ahead of schedule. The second project involved both oil and gas development: production started after just over two years, giving local

2 August 2017 eni.com Section: operations

First half 2017 Results

Cabaça South East field began after just three years - five months ahead of schedule. The second project involved both oil and gas development: production started after just over two years, giving local

2 August 2017 eni.com

Exploration in 2016

the Goliat field in the Barents Sea in Norway, the Jangkrik project in Indonesia, the oil and gas development of the Offshore Cape Three Points (OCTP) licence in Ghana, the Kashagan restart in Kazakhstan,

10 August 2017 eni.com Section: enipedia

2016 portfolio development

up of the East Hub Development project in the Block 15/06, five months earlier than scheduled and with a time-to-market among the best in the industry. The East Hub project will develop the reservoir in [...] expected by the end of 2017 start-up of M'Pungi and M'Pungi North ...

9 August 2017 eni.com Section: enipedia

The six legged dog history

Norway, Eni starts production at the first oil field in the Barents Sea. 2016 The Integrated OCTP Project will provide the country with oil and gas, jobs and growth. 2018-2036

12 May 2016 eni.com Section: company

The assets and operations of development of Eni's oilfields

up of the East Hub Development project in the Block 15/06, five months earlier than scheduled and with a time-to-market among the best in the industry. The East Hub project will develop the reservoir in [...] expected by the end of 2017; start-up of M'Pungi and M'Pungi North ...

4 May 2017 eni.com Section: operations

Activities of exploration and productions of Eni

have been the: Goliat field in the Barents Sea in Norway Jangkrik project in Indonesia oil and gas development in the offshore Cape Three Points licence in Ghana restart of the Kashagan field in Kazakhstan

12 May 2016 eni.com Section: operations