Mr. Claudio Descalzi, the Chief Executive Officer (CEO) of Eni, an Italian multinational energy company, paid a courtesy call on President John Dramani Mahama in Accra.
A statement issued by Eni and copied to the Ghana News Agency stated that the two discussed oil production activities in the country.
Mr. Descalzi highlighted the achievements of the Offshore Cape Three Points (OCTP) project, the largest investment made by a private company in Ghana. The project was completed ahead of schedule and under budget, with the first oil in 2017 and the first gas in 2018.
The statement noted that gas from OCTP is entirely allocated for Ghana’s domestic consumption, ensuring a safe and reliable energy source to meet internal needs, contributing approximately 70 per cent of the country’s domestic gas production.
Additionally, Eni had presented to the President some new short- and medium-term exploration and development opportunities.
The meeting also served as an opportunity to discuss Eni’s plans for economic diversification in Ghana.
Eni has been operating in Ghana since 2009. The company is the operator of the OCTP project with a 44.40 per cent share, in partnership with Vitol (35.60 per cent) and the Ghana National Petroleum Corporation (20 per cent).
Its portfolio also includes initiatives in training, economic diversification, access to water and sanitation, and energy access.
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