Eni is developing the integrated Offshore Cape Three Points (OCTP) oil and gas project. First oil is expected in 2017, first gas in 2018 and peak production, expected in 2019, will be of 80,000 barrels of oil equivalent per day.
Eni, through its subsidiary Eni Ghana Exploration & Production Ltd, is the operator of OCTP with a 47.22% stake. The other partners are Vitol (37.77%) and GNPC (15%). GNPC has an option on an additional 5% stake.
OCTP is an integrated offshore development project in deep waters located about 60 km off the coast of the western region of Ghana which includes volumes of oil in place of around 500 million barrels and non-associated gas of around 41 billion cubic metres of gas that will be entirely destined for the production of electricity for the domestic market.
In line with both the commitment to complying with the highest international standards and the integrated management system of eni, an integrated study (ESHIA) of the possible environmental, social and health impact has been developed.
The study contains a detailed description of the project’s facilities and infrastructure, both on and offshore, their implementation and operation, as well as a detailed evaluation of related environmental, social and health issues and a definition of the measures, where necessary, aimed at preventing, reducing and mitigating such impacts.
With the aim of pursuing the highest and most rigorous international standards and minimising the environmental impact, the project will adopt a "zero flaring policy" with the re-injection of all of the associated gas and production water.
With a view to total transparency and in order to encourage the participation of stakeholders in the decision-making process, Eni has made the full study publicly available