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
  • 2020

    Achieved daily peak oil production of 57,300 bopd and daily peak gas of 212 mmscf/d.