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+ Ghana’s upstream petroleum industry, which is one of the fast evolving industries in the country, in a little over a decade of oil production, is witnessing a turf-war which could best be described as a “romance” between the elephant and the hyena in the jungle of hydrocarbons. The situation follows orders by the Ministry of Energy, the sector ministry to Eni Ghana and Springfield Ghana to unitize after two discoveries of oil resources said to have straddled within the same area with different licenses. The discoveries Springfield Ghana’s discovery, Afina is in the West Cape Three Points Block 2 Area (WCTP2), while the Eni Ghana which is currently the operator of the Sankofa Field, is offshore Cape Three Points (OCTP). ....
705 Ghana’s upstream petroleum industry, which is one of the fast evolving industries in the country, in a little over a decade of oil production, is witnessing a turf-war which could best be described as a “romance” between the elephant and the hyena in the jungle of hydrocarbons. The situation follows orders by the Ministry of Energy, the sector ministry to Eni Ghana and Springfield Ghana to unitize after two discoveries of oil resources said to have straddled within the same area with different licenses. The discoveries Springfield Ghana’s discovery, Afina is in the West Cape Three Points Block 2 Area (WCTP2), while the Eni Ghana which is currently the operator of the Sankofa Field, is offshore Cape Three Points (OCTP). ....
A general introduction to oil and gas law in Ghana Introductioni Historic overview The upstream oil and gas activities in Ghana consist of exploration, development and production of oil and gas. These activities are undertaken in five sedimentary basins within Ghana s territorial areas made up of the Tano Basin and Cape Three Points Basin in the Western Region (mostly referred to together as the Western Basin), the Saltpond Basin in the Central Region, the Accra/Keta Basin and the Inland Voltaian Basin. The Western Basin, Saltpond Basin and Accra/Keta Basin are all offshore and have been explored. The Inland Voltaian Basin is onshore and has not been really explored. ....