ENI Increased its Ghanaian Oil Output by over 52,000 Barrels in H1 2020

First oil flowed from the acreage in May 2017...
Publish Date
27th January 2021
Read Time
1 minute

Italian oil and gas major, ENI, increased the gross output in the Sankofa Gye Nyamme (SGN) field in Ghana by 34% in the first half of 2020, relative to the output in the first half of 2019.

According to Ghana’s Public Interest Accountability Committee (PIAC), the local equivalent of an EITI agency, ENI produced 9,562,821.97 barrels during H1 2020, which is an increase of 2,408,486.97 barrels in comparison to H1 2019’s production of 7,154,335 barrels.

The PIAC stated that the average daily production of the period under review increased to 52,543 barrels of oil per day from 39,534 barrels of oil per day for the same period in 2019.

PIAC said: “[the year-on-year increase] was attributed to stable production operations, resulting from the FPSO John Agyekum Kuffuor’s (JAK) excellent plant uptime of about 99.95%, and the coming on stream of the OP-9 and OP-10 producer wells.”

First oil flowed from the acreage in May 2017. Eni is the operator of the Offshore Cape Three Points (OCTP) acreage, which contains the SGN field, with a share of 44.44%. Other partners are Dutch energy and commodity trading company, Vitol, with a 35.56%, and Ghana National Petroleum Corporation with 20%.

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