News Guide Africa

Tag: OCTP Partners

  • Eni, partners sign agreement with Ghana to strengthen energy production and sustainability

     

     

     

    Eni Ghana and its Offshore Cape Three Points (OCTP) project partners, Vitol and the Ghana National Petroleum Corporation (GNPC), has signed a Memorandum of Intent with the Government of Ghana, represented by the Minister of Energy and Green Transition and the Minister of Finance, targeting the country’s oil and gas production increase and new sustainable initiatives.

     

    The signing was held at the presence of the President of the Republic of Ghana, John Dramani Mahama.

    The agreement will evaluate a comprehensive and integrated investment plan, aimed at contributing to national goals for reliable, affordable, and low-impact access to energy.

     

    Among the key initiatives proposed is the possible increase in OCTP project production capacity, leveraging synergies between offshore and onshore upgrades, aimed at increasingly meeting the country’s growing domestic energy demand.

     

    The collaboration focuses also on the evaluation of Exploration activities and the new potential development of the Eban-Akoma field in Cape Three Points Block 4, which, following the declaration of commerciality announced in July 2025, is set to become a new and significant source of supply, leveraging on existing infrastructure for the benefit of value and time to market.

     

    Eni and OCTP partners have already invested over US$10 million in social programs directly benefiting more than 10,000 people in the areas of education, access to clean water, health and hygiene, and support for the local economic fabric. With the launch of a second phase, new initiatives will be introduced in these areas, along with services dedicated to the development of micro, small, and medium-sized enterprises will be expanded.

     

    Eni has been present in Ghana since 2009 with offshore hydrocarbon exploration and production activities, with an equity production of around 34,000 barrels of oil equivalent per day. The company operates the OCTP project with a 44.4% stake, in partnership with Vitol (35.6%) and the Ghana National Petroleum Corporation (20%). Since 2018, the OCTP project has produced over 107 million barrels of oil and 480 billion standard cubic feet (Bscf) of gas, helping to meet approximately 70% of the country’s gas demand for power generation. The joint venture’s project portfolio also includes initiatives in training, economic diversification, access to water and sanitation, and energy access.

     

     

     

  • Eni partners support host community with scholarships for vocational and technical training

    Eni Ghana on behalf of its OCTP partners, Vitol Upstream Ghana Ltd (Vitol) and Ghana National Petroleum Corporation (GNPC), together with Volontariato Internazionale per lo Sviluppo (VIS), have handed over scholarship packages to over 1,000 students in 14 communities in the Ellembelle District, namely Atuabo, Bakanta, Ngalekye, Sanzule (including Anwolakrom fishing area), Krisan, Eikwe, Anokyi, Ngalekpole, Asemda, Baku, Anyinase, Esiama, Half Assini and Nkroful.

     

    The scholarship is part of Eni Ghana and its OCTP Partners’, Vitol and GNPC’s Local Development Project to promote inclusive economic development in the Ellembelle district. It covers tuition fees, registration fees, books and stationery, food, tools and equipment, accommodation, transportation and monthly allowances for the students who are enrolled in Vocational and Technical courses ranging from Fashion, Catering, Building Technology, Electricals and Welding.

     

    The scholarship package is designed in collaboration with the World Bank as part of the sustainability initiatives that the OCTP partners are implementing in the OCTP Project Area of Influence. Ellembelle District Assembly played a major role in the design and implementation of the program.

     

    VIS is a non-governmental organization that deals with development cooperation and international solidarity and an educational agency that promotes and organizes awareness-raising, education, training activities for development and global citizenship.

     

    Eni has been present in Ghana since 2009 with its upstream activity and currently accounts in the country for an equity production of 30,000 barrels of oil equivalent per day.

     

     

  • Eni Ghana and partners receive Presidential Honor for COVID 19 support

    Eni Ghana and its OCTP partners, Vitol Upstream Ghana Ltd (Vitol) and Ghana National Petroleum Corporation (GNPC), have been recognized by the President of Ghana, His Excellency Nana Addo Dankwa Akufo-Addo for the support to the country during the COVID 19 pandemic.

     

    Accordingly, the President has conferred on the OCTP Partners, the Presidential Honor for distinguished service.

     

    During the outbreak of the COVID 19 pandemic, the OCTP Partners led by Eni Ghana donated medical equipment and devices including ventilators, medical tents, nose masks and other personal protective equipment, as well as laptops and TV screens, to the Korle Bu Teaching Hospital, the Ghana Health Service, St. Martins De Porres Hospital in Eikwe and the Ellembelle District Health Directorate.

     

    In addition, Eni Ghana and its OCTP partners, Vitol and GNPC, donated 2 double-cabin pickups vehicles, 4 Station Wagons and pick up vehicles to the Western Regional Health Directorate and the Ghana Health Service respectively.

     

    Eni has been present in Ghana since 2009 with its upstream activity and currently accounts in the country for an equity production of about 30,000 barrels of oil equivalent per day.

     

     

  • Eni Ghana and Partners provide entrepreneurship and management training for 900 MSMEs

    Press Release Statement:

     

    Eni Ghana and its OCTP Partners, Vitol and GNPC, in partnership with Ghana Enterprises Agency (GEA) provide entrepreneurship and small business management training in the Western Region

     

    Accra, 22 May 2023 – Eni Ghana on behalf of its OCTP partners, Vitol Upstream Ghana Ltd (Vitol) and Ghana National Petroleum Corporation (GNPC), together with Ghana Enterprises Agency (GEA), have provided entrepreneurship and small business management training for over 900 beneficiaries. The initiative targeted individuals from ten (10) communities, namely Atuabo, Bakanta, Ngalekye, Sanzule (including Anwolakrom fishing area), Krisan, Eikwe, Anokyi, Ngalekpole, Asemda, and Baku in the Ellembelle District of the Western Region.

     

    The project was carried out under the Economic Diversification Building Business Project, which focused on women, youth and marginalized groups to enable the establishment of Micro, Small and Medium Enterprises (MSMEs), fostering entrepreneurial culture and supporting the local economy of the district. Training included subjects such as entrepreneurship, financial literacy, as well as technical workshops, to create an enabling environment for job creation.

     

    Over 900 beneficiaries received training in Entrepreneurship and Business Management, Health and Environmental Management, Compliance and Regulatory Support, Branding and Packaging, as well as support to formalize their businesses with the Office of the Registrar of Companies. Technical skills training was also offered in various trade areas, such as livestock, agro and fish processing, food and drink production, textiles, garment and accessories production, toiletries and cosmetics production, leather, rattan and woodworks, bamboo and catering services.

     

    The project, designed in collaboration with the World Bank, is part of the sustainability initiatives that Eni Ghana, together with its OCTP partners, Vitol and GNPC, are carrying out to impact the communities, by supporting start‐up businesses to enhance employment opportunities. It has been very well received by all stakeholders, including the leadership of the various communities and the Ellembelle District Assembly.

     

    Ghana Enterprises Agency is the apex governmental body under the Ministry of Trade and Industry mandated to promote and develop Micro, Small and Medium Enterprises (MSMEs) in Ghana.

     

    Eni is a global integrated energy company operating in 62 countries. It has been present in Ghana since 2009 with its upstream activity and currently accounts for a gross production of about 70,000 barrels of oil equivalent per day.