Ghana Signs Exploration Deal

Ghana Signs Exploration DealGhana Signs Exploration Deal

Ghana’s government said on Monday it had signed a $6 billion deal to allow Italy’s Eni Exploration to start oil and gas work at the Offshore Cape Three Points block and deploy a third floating production storage and offloading (FPSO) vessel. The deal is subject to parliamentary approval and the block should start producing oil and gas by mid-2017, Reuters reported.