Italian energy giant Eni has welcomed the Ghanaian government’s decision to withdraw the Unitisation Directives related to the Sankofa Cenomanian oil field.
The directives, issued in 2020, had been a subject of controversy, with Eni and its partners expressing concerns over the potential impact on their operations.
The Ministry of Energy and Green Transition’s decision to withdraw the directives is seen as a positive move by Eni and its partner Vitol.
Eni, which has been operating in Ghana since 2009, has reaffirmed its commitment to leveraging its portfolio of innovative projects to seize new opportunities in both traditional and transition energy sectors.
“Eni remains committed to leverage its portfolio of innovative projects, seizing new opportunities both in traditional and transition energy sector, while strengthening domestic energy security and sustainability,” the company said in statement issued by Eni on Thursday.
Eni’s operations in Ghana are focused on the Sankofa field, which is located offshore in the Tano Basin.
The field is expected to produce oil and gas until 2040, with Eni serving as the operator.
The company has also expressed interest in exploring new opportunities in the country, including renewable energy projects.
Springfield E&P is yet to respond to the government’s decision.
Source:https://energynewsafrica.com
Discover more from Energy News Africa
Subscribe to get the latest posts sent to your email.