Former President John Agyekum Kufuor has arrived in Singapore for a ceremony at which the Floating Production and Storage Vessel (FPSO) to operate in the Offshore Cape Three Points (OCTP) oilfields in the Western Region, will be named in his honour.
The FPSO OCTP is the first and largest vessel in Ghana to convert crude oil and gas into finished products on the same platform.
Also in Singapore to help in the naming of the FPSO is First Lady Mrs Rebecca Akufo-Addo.
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.
It is expected to sail into Ghanaian waters by April 2017, to start work.
Former President Kufuor will be away for but 10 days, a statement signed by his spokesperson, Frank Agyekum stated.