Sankofa Gye Nyame project timeline

two man looking at control panels of the pipeline
  • 2006

    Vitol acquires the OCTP license and Petroleum Agreement by Parliament of Ghana

  • 2009

    – Vitol drilled discovery Sankofa gas well
    – Eni farmed into the licence

  • 2012

    First oil discovery in Sankofa

  • 2015

    The World Bank approved $700 million of guarantees, its largest ever, to underpin the project

  • February 2017

    FPSO is completed in Singapore and starts its journey to Ghana

  • May 2017

    First oil is delivered 3 months ahead of schedule

  • August 2018

    Gas production begins

  • 2019

    – Oil production is 20% above development forecast at 57,000 bpd
    – Reverse flow of gas to Tema via the West African Gas Pipeline
    – First Ghanaian gas delivered to Tema industrial centre
    – Gas production up to 220 million mmscfpd