Saturday, 6 September 2014

Ghana to double oil output by 2017 on Tullow, Eni deposits

ACCRA, Ghana (Bloomberg) -- Ghana will double crude production by 2017 as offshore deposits being developed by Tullow Oil Plc and Eni SpA start producing oil, Minister of Energy Emmanuel Armah-Kofi Buah said. Tullow’s TEN development will produce about 80,000 bpd by then, the minister said by phone Sept. 5. Eni’s Sankofa Gye-Nyame deposit will pump 50,000 bbl, he said. Production at Ghana’s Jubilee field will rise to 120,000 bbl from 110,000 today.


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