Audio By Carbonatix
Government has directed Eni SpA and Springfield E&P to begin talks to combine their adjacent oil and gas fields, according to a letter seen by Reuters.
The April 9 letter from Energy Minister John-Peter Amewu to the two companies says seismic data indicates that Eni’s Sankofa offshore field, which entered production in 2017, and Springfield’s recently discovered Afina field have “identical reservoir and fluid properties”.
It instructs the companies to begin within 30 days the process leading to the unitization, or joint operation, of the two fields in order to ensure efficient production and gives them 120 days to provide the ministry a draft agreement.
Spokespeople for Eni and Springfield confirmed they received the letter but declined further comment.
Amewu’s letter says Eni had previously argued it was premature to be talking about unitization since Springfield had not yet appraised and tested its discovery, but that the ministry rejected that argument.
Sankofa is part of Eni’s Offshore Cape Three Points project off Ghana’s Atlantic Coast, which it says has reserves of about 40 billion cubic meters of unassociated gas and 500 million barrels of oil.
Springfield, a wholly owned Ghanaian company, said in December that it had discovered 1.5 billion barrels of oil and 0.7 trillion cubic feet of gas at its Afina field.
Latest Stories
-
Law Students’ Network warns executive dominance could undermine constitutional review
2 minutes -
Mahama to meet relevant stakeholders over concerns about the new Customs Act
9 minutes -
CHASS demands a 20% increase in SHS funding and payment of outstanding debts
11 minutes -
Investigation launched after male body found in County Cork
13 minutes -
We have been scammed by NDC, government is only doing PR – Abanga Fuseini
14 minutes -
Tamale Teaching Hospital records 44 new breast cancer cases in six months
16 minutes -
GES declares October 30 CPD day for private school teachers; learners to observe holiday
16 minutes -
South Korea to support Ghana’s forts and castles restoration with $4.5m over five years
17 minutes -
School headscarf ban sparks rare protests in Azerbaijan and row with Turkey
25 minutes -
Ghana explores underwater sightseeing and shipwreck tourism
26 minutes -
Association of Women Lawyers calls for national sexual offenders register to protect school children
27 minutes -
Soaring commodity prices influenced our 2026 revised growth forecast of 5.7 % for Ghana – IMF
30 minutes -
Government urged to recruit more speech therapists to support children with language disorders
32 minutes -
Chef Abbys: Feeding 50,000 people, putting food security on Ghana’s agenda
1 hour -
Ho set to host Republic Bank–JoyNews Habitat Fair as multiple firms prepare to showcase housing solutions
1 hour