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
-
Final day of Joy FM Back-to-School Fair: Come shop, save and prepare for the new school year
44 minutes -
GSE showed strong performance in August 2026 despite recording more stock losses
3 hours -
If CJ needs ethics law to know SOE comments were wrong, he may not be worthy of office – Arthur Kennedy
4 hours -
Stop touring state agencies and focus on the Judiciary’s problems – Arthur Kennedy to CJ
4 hours -
Apologise and don’t do it again – Arthur Kennedy to Chief Justice over SOE comments
4 hours -
Chief Justice remains committed to judicial independence, justice and equality – Judicial Service
4 hours -
Ghana concludes evacuation of citizens from South Africa; total returnees reach 1,900 – Ablakwa
5 hours -
Africa must define its own green transition path – Prof Fatima Denton
5 hours -
WASSCE 2026: English Language performance falls to 62.4% – WAEC
5 hours -
WASSCE 2026: Social Studies records sharp rebound as Maths, Science also improve
6 hours -
2026 WASSCE entry rises by 11% as 512,862 candidates sit exams
6 hours -
WASSCE 2026: English Language performance falls to 62.4% – WAEC
6 hours -
WAEC cancels 2026 WASSCE results of 8,295 candidates over examination irregularities
6 hours -
WAEC releases provisional 2026 WASSCE results for 512,862 candidates
7 hours -
CJ’s remarks on SOEs were made in good faith, not to undermine judicial independence – Judicial Service
10 hours