The Octp started in 2009

Source: eni.com

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) 20/20
Source: 2016-2019 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.

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 Enivideochannel

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All set for the voyage to Ghana - OCTP Project | Eni Video Channel

The construction of the FPSO John Agyekum Kufuor prior to the final module assembly phase in Singapore. Offshore Cape Three Points (OCTP) is an integrated oil and gas development project that is making an important contribution to energy access in Ghana. Subscribe on Eni Video Channel https://www.youtube.com/channel/UC4T5-TgmOJWXgeOLGwj-Ekw ----- Want more from Eni? Facebook: https://www.facebook.com/EniItalia/?fref=ts Twitter: https://twitter.com/eni https://twitter.com/Eniday Instagram: https://www.instagram.com/eni/ Flickr: https://www.flickr.com/photos/enidigital/albums Google+: https://plus.google.com/u/2/106162487688494239281/posts

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Our path to long term value - Strategy Presentation 2017-2020 | Eni Video Channel

Eni’s Top Management presents the 2016 Results – 2017-2020 Strategy. Find out more on https://www.eni.com/en_IT/home.page Subscribe on Eni Video Channel https://www.youtube.com/channel/UC4T5... ----- Want more from Eni? Facebook: https://www.facebook.com/EniItalia/?f... Twitter: https://twitter.com/eni https://twitter.com/Eniday Instagram: https://www.instagram.com/eni/ Flickr: https://www.flickr.com/photos/enidigi... Google+: https://plus.google.com/u/2/106162487...

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How we reach a record - #EniRecord | Eni Video Channel

Seven special projects with one thing in common: extremely rapid approval and production start-up times. Find out more on https://www.eni.com/en_IT/media/focus-on/eni-record-eng.page Subscribe on Eni Video Channel https://www.youtube.com/channel/UC4T5-TgmOJWXgeOLGwj-Ekw ----- Want more from Eni? Facebook: https://www.facebook.com/EniItalia/?fref=ts Twitter: https://twitter.com/eni https://twitter.com/Eniday Instagram: https://www.instagram.com/eni/ Flickr: https://www.flickr.com/photos/enidigital/albums Google+: https://plus.google.com/u/2/106162487688494239281/posts

From Enivideochannel

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

An overview on OCTP Project. Find out more: https://www.eni.com/en_IT/home.page Subscribe on Eni Video Channel https://www.youtube.com/channel/UC4T5-TgmOJWXgeOLGwj-Ekw ----- Want more from Eni? Facebook: https://www.facebook.com/EniItalia/?fref=ts Twitter: https://twitter.com/eni https://twitter.com/Eniday Instagram: https://www.instagram.com/eni/ Flickr: https://www.flickr.com/photos/enidigital/albums Google+: https://plus.google.com/u/2/106162487688494239281/posts

Access to energy in Ghana

this project? What is this project? Offshore Cape Three Points is an integrated oil and gas development project that will make an important contribution to providing access to energy in Ghana. OCTP will [...] Offshore Cape Three Points (OCTP) to start production, and in a record time. The Energy Minister Boagye ...

3 February 2017 eni.com Section: media

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 [...] joint venture between Eni, Vitol and the Ghana National Petroleum Corporation OCTP project, of which Eni is the operator ...

12 May 2016 eni.com Section: enipedia

Eni’s activities in Ghana

operated OCTP block (Eni's interest 44.44%). In case of exploration success, the block will benefit from the OCTP project infrastructures, under development. Development activities concerned the OCTP integrated [...] Contracts were awarded for the installation of sea-lines and the construction of onshore gas plant. The OCTP project will be ...

12 May 2016 eni.com Section: enipedia

The assets and operations of development of Eni's oilfields

production re-start of the Kashagan field (Eni's interest 16.81%) with the fully replacement of the damaged pipelines. Production capacity of 370 kbbl/d is expected by the end of 2017; start-up of M'Pungi [...] Hub Development project in the offshore Block 15/06 (Eni operator with ...

4 May 2017 eni.com Section: operations

First half 2017 Results

to reduce our capital expenditure (CAPEX) by 18 per cent compared with 2016. The East Hub (Angola), OCTP (Ghana) and Jangkrik (Indonesia) projects came on stream ahead of schedule . The first of these boasts [...] Cabaça South East field began after just three years - five months ahead of schedule. The second ...

2 August 2017 eni.com Section: operations

Eni’s relations with local communities

development of the Oil & Gas fields of Sankofa, Sankofa East and Gye Nyame, within the OCTP block , with a project that will enable the provision of local gas to fuel the electricity power stations of Ghana [...] and Social Sustainability" of the International Finance Corporation (IFC), Eni Ghana OCTP as operator ...

12 May 2016 eni.com Section: Sustainability

Our Africa

ahead of schedule as defined in our development plan, the Integrated Oil & Gas Development Project, in the OCTP block off the coast of Ghana, has entered production. 2017 [...] seven special projects are in Africa with one thing in common: extremely rapid approval and production start-up times. The secret is ...

1 January 2016 eni.com Section: media

The six legged dog history

of 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

Eni’s activities in the energy industry

(with the Nené Marine 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,

6 April 2017 eni.com Section: operations

2016 results

expected to come on stream in 2017 (Jangkrik - Indonesia, OCTP oil - Ghana and Zohr - Egypt). In Februray 2017, started-up the East Hub project in Angola, five months earlier than scheduled. These projects, [...] the FTSE4Good index.Planned start-ups, 2016 ramp-ups. Renewable energies : defined renewable energy projects in Italy and certain ...

6 April 2017 eni.com Section: company