President Nana Addo Dankwa Akufo-Addo will today July 6, 2017 commission the FPSO John Agyekum Kufuor to begin production of oil in commercial quantities in the Offshore Cape Three Points (OCTP) oilfields in the Western Region.

The Floating Production and Storage Vessel (FPSO) was named in honor of the former in Singapore in February this year by First Lady Rebecca Akufo.

‘The FPSO OCTP is the first and largest vessel in Ghana to convert crude oil and gas into finished products on the same platform’, officials revealed.

The vessel built by Singapore’s Keppel Offshore and Marine Company Ltd will process 58,000 barrels of oil and 98 million standard cubic feet of gas a day from the OCTP fields comprising Sankofa East – Cenomanian Oil, Sankofa East – Campanian Oil, Sankofa Main Gas, Sankofa East Gas, Gye Nyame Gas.

The vessel is owned by ENI Oil, Ghana Limited, Vitol Upstream, Ghana Limited and the Ghana National Petroleum Corporation.