PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601850

Primary Business Area

Infrastructure and Natural Resources

Disclosure Date

Oct 25, 2017

Country

Ghana

Region

Africa

IFC Approval Date

Mar 31, 2017

Status

Completed

Estimated Total Budget

$202,102.00
(Project budget includes all project-funded activities)

Last Updated Date

Jan 24, 2019

Project Estimated Start Date

Apr 3, 2017

Project Estimated End Date

Dec 31, 2017

Project Description

The Offshore Cape Three Points (OCTP) block is a large deepwater block located 55 to 60 km offshore in the Western Region of Ghana, with estimated discovered reserves of 132 million barrels of oil and 1,079 billion cubic feet of gas. The OCTP project will be developed by a joint venture composed of Eni Ghana Exploration and Production Limited (the operator of the block), Vitol Upstream Ghana Limited, and Ghana National Petroleum Corporation. This project will support client efforts to design a comprehensive and practical Community Investment (CI) Strategy that meets the client’s objectives of delivering positive impact and cultivating constructive relationships with local community stakeholders. This will be achieved through a series of sequential activities, which will include in-country support with stakeholder engagements, capacity building, workshops, etc., and remote work to support client management and ownership of the CI strategy development process.

Development Results

E&S Risks / Impacts and Mitigation