Tag: ENI
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More hurdle for Eni, Vitol despite winning bid to explore oil in Deep Tano Basin
Despite winning the bid to explore oil in block 3, of the Deep Tano Basin, petroleum companies ENI and Vitol would still have to meet other regulatory requirements before they can sign a contract with the government to begin operations. The Energy Ministry which revealed this to Citi Business News said it is currently in…
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ENI, Vitol win new oil block in Ghana
Eni and its partner Vitol have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano Basin, offshore Ghana. This result allows Eni to further consolidate its presence in the Country. A statement from ENI said ENI has 70 percent stake while Vitol has 30 percent Eni will be…
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ENI announces new gas discovery in Ghana
ENI Ghana has announced that it has discovered more gas and condensate in Cape Three Points, offshore Ghana. According to the company, the well, drilled on the Akoma exploration prospect, proved an estimated volume of between 550 and 650 bcf of gas and 18-20 mmbbl of condensate. A statement from the company said the field…
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ENI gas inexpensive – Government
The government has clarified the cost of gas that it is taking from the Offshore Cape Three Points being operated by ENI is costly. According to the Ministry of Energy, the price of 40 million dollars per month cannot be possible as there have been negotiations for a drop in the price of gas from…
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Eni commits to SDGs with Ghana operations
President Akufo-Addo has met with and the CEO of Eni, Claudio Descalzi to discuss Eni’s operational activities in Ghana. The meeting also looked at the frontrunner role Ghana can play in the partnership Eni recently signed with UNDP. The partnership seeks to combine efforts on the development of renewable energy, energy efficiency, forestry and clean cooking…
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ENI secures oil fields with Italian vessel
One of the major oil producing fields, ENI, has undertaken processes to fortify its operations in the oil and gas sector. It follows the arrival of Italian ship;Luigi de la Penn in Ghana on Thursday, August 30th 2018. The presence of the ship here in Ghana will not only see increased trade relations between Ghana…
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Workers strike over wrongful dismissals at OCTP- TEN oilfields
Ghanaian workers operating on the ENI Onshore Receiving Facility (OCTP- TEN) project at Sanzule in the Ellembelle constituency in the Western region, have suspended operations over unlawful dismissals. Citi Business News understands the workers have embarked on a sit down strike as a result of the development. The Ghanaian workers, numbering about five hundred say…
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Ghana’s 3rd FPSO to arrive in March 2017 – ENI
Barring any last minute hitch, the Floating, Production, Storage, Offloading (FPSO) vessel for the Sankofa Gye Nyame Oil and Gas project, will arrive in Ghana in March 2017. This is the indication from the Managing Director of ENI Ghana, Fabio Cavanna. According to him, construction works have advanced steadily and the vessel is set to…
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SADA, ENI sign MOU for 50 MW solar project
Italian Oil Exploration Company, ENI is set to provide up to 50 megawatts of solar energy in the Northern Savannah Ecological zone of the country. The project forms part of efforts to increase Ghana’s energy supply to meet the increased demand. The project is also in partnership with the Savannah Accelerated Development Authority (SADA). Speaking…