A Ghanaian court has ordered the government to halt payments to Eni and Vitol, amidst the ongoing legal dispute with local company Springfield Exploration & Production.
A Ghanaian court has awarded Springfield Exploration and Production a 30% share of revenues from Eni and Vitol’s Sankofa field as of today.
An Eni delegation visited Ghana this week to hold talks on expanding its Sankofa hub, although with no comments on unitisation with the Afina find.
A lack of co-operation between Eni and Springfield E&P in Ghana risks losing the state $6.34 billion, the Institute for Energy Studies (IES) has warned.
The election in Ghana sets the path for continuity but there are challenges ahead for the incumbent, who will continue to face difficulties in the power sector.
Eni has called for more clarification on Ghana’s order for unitisation of the Sankofa field with Springfield Exploration and Production’s Afina field.
Ghana has ordered Eni and Springfield Exploration and Production to unitise the Afina and Sankofa fields, after the two companies failed to make progress on their own.
Ghana’s Ministry of Energy has called for Eni and Springfield Exploration and Production to begin a process of unitisation covering the companies’ Sankofa and Afina finds.
Ghana’s Springfield Exploration and Production has found oil in two areas at its Afina-1 well on its West Cape Three Points (WCTP) Block 2, offshore Ghana.