Tag: Springfield
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ENI, Springfield await further directive from government on unitisation of oil fields
The two key actors in the ongoing ENI-Springfield unitisation saga have laid responsibility for the next line of action in resolving the impasse, at the doorstep of government. Despite agreeing to the need for an early mutually beneficial solution to be arrived at, the two companies still disagree on whether or not there should be…
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Third party assessment can resolve ENI/Springfield unitisation impasse – Egyapa Mercer
Deputy Minister-designate for Energy, Andrew Egyapa Mercer, has called for the introduction of a third-party assessment of the directives on the unitisation of the Afina and Sankofa fields. This follows a delay in the two companies joining forces to explore the Afina and Sankofa fields. It will be recalled that former Energy Minister, John Peter…
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IES urges government to act on its ENI/Springfield unitisation directive
The Institute for Energy Security (IES) has charged government to take immediate steps to actualize its directive to Eni Ghana Exploration and Production Limited and Springfield Exploration and Production Limited to unitize the Afina discovery and the Sankofa field. According to the Institute, urgent action is required from government given that time is of essence…
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Ghana likely to lose if ENI/Springfield impasse ends up in court – IES
Ghana could be the overall loser if the ongoing impasse between ENI Ghana Exploration and Production Limited, and Springfield Exploration and Production Limited, which has led to a delay in the unitization of their Afina and Sankofa oil fields, end up in the International Court of Arbitration. That’s according to the Executive Director of the…
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IES wants new evaluator appointed to look into ENI/Springfield impasse
Government is being urged to without delay, introduce a new evaluator to look into the ongoing impasse between ENI Ghana Exploration and Production Limited, and Springfield Exploration and Production Limited, which has led to a delay in the unitization of their Afina and Sankofa oil fields. The directive to unify the two oilfields was given…
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IES MarketScan: A year on, why hasn’t ENI and Springfield unitized as directed
In April 2020, the then Energy Minister John Peter Amewu wrote to the subsidiary of the Italian oil major Eni Ghana Exploration and Production Limited (ENI), and Springfield Exploration and Production Limited (Springfield) a subsidiary of Springfield Group, directing them to execute a Unitization and Unit Operating Agreement (UUOA). The purpose of executing the UUOA…
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Springfield begins historic deepwater oil exploration off Cape Three Points
Springfield Exploration and Production Limited (SEP), an Independent Ghanaian energy company drilling in Deepwater offshore Ghana, on Monday October 7th spudded its Afina-1x well in the West Cape Three Points Block 2. This is the first time an independent energy company in Africa is accomplishing such a feat and places Springfield amongst known exploration companies,…