Accra, July 06, GNA - President Nana Addo Dankwa Akufo-Addo has commissioned the Floating Production Storage and Offloading Vessel (FPSO) John Agyekum Kufuor to formally kick-start the production of oil in commercial quantities from the Sankofa Gye-Nyame Fields.
The symbolic ceremony was done offshore by the President turning the production valve of the FPSO and opening a Subsea Well Choke.
A durbar of chiefs, government officials and other dignitaries is following the commissioning at the Takoradi Shore base in the Western Region.
The Ministry of Energy in a statement to the Ghana News Agency, earlier, said: “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 per cent.”
“The OCTP integrated oil and 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.”