SRI EMAS Limited (SEL), the company responsible for the complete subsea architecture installation including Structures, Flowlines, Umbilical and Risers for the FPSO Kufuor has expressed its joy at the commencement of production of oil at Cape Three Points.
The installed hardware are the conduits through which the oil extracted from below the seabed is moved to the floating production, storage and offloading unit (FPSO) – John Agyekum Kufuor.
President Nana Addo Dankwa Akufo-Addo last week turned the valves on Ghana’s third FPSO at , to signify the start of formal commercial production on the Sankofa-Gye Nyame oil and gas field.
According to the Legal Counsel at the company, Carla Olympio, its efficient work on the project factored in the commencement of production of oil three months ahead of schedule.
In a statement from ENI’s press office published in the media, Eni CEO Claudio Descalzi stated that starting production only two and a half years after the approval of the Development Plan –- is an extraordinary result. It certifies our exploration skills and knowledge, as well as our field development vision, and it confirms the effectiveness of ENI’s new operational model, where they have a central role in project management, aimed at improving time-to-market.
The OCTP integrated oil & gas development is made up of the Sankofa Main, Sankofa East and Gye-Nyame fields, which are located about 60 kilometers off Ghana’s Western Region coast. ENI’s statement further explained that the fields have about 770 million barrel of oil equivalent (mboe) in place, of which 500 million barrels are oil and 270 mboe are non-associated gas (about 40 billion cubic meters).
“Thanks to the laudable efforts of the Petroleum Commission in enforcing the Local Content Law, SRI EMAS has been able to play a critical role, in ENI’s production of First Oil.” Said SRI EMAS Local Content Manager, Miss Lydia Alomatu. The project includes the development of gas fields whose production will be utilized entirely by Ghana’s domestic market. Production will be carried out via the “John Agyekum Kufuor” floating production, storage and offloading unit (FPSO), which will produce up to 85,000 barrels of oil equivalent per day (boepd) through 18 underwater wells.
A 63-kilometer submarine pipeline will transport gas to Sanzule’s Onshore Receiving Facilities (ORF), where raw gas will be processed and transported to Ghana’s national distribution pipelines , supplying approximately 180 million standard cubic feet per day .
SRI EMAS Limited(SEL) is an Independent Ghanaian company that delivers integrated offshore solutions in Ghana and the sub-region. These include SURF installation, Light Well Intervention Works, Floater and Mooring Installation, Pipe Lay and Heavy Lift, accommodation and marine support, coupled with a track record of offshore engineering solutions for the entire oil-field cycle.
Eni is the Operator of the OCTP block with a 44.44% stake, while Vitol holds 35.56% and Ghana National Petroleum Corporation (GNPC) 20%.
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(Via: CitiFM Online Ghana)
