The signing was held at the presence of the President of the Republic of Ghana, John Dramani Mahama. Among the key initiatives proposed is the possible increase in OCTP project production capacity, leveraging synergies between offshore and onshore upgrades, aimed at increasingly meeting the country’s growing domestic energy demand. Eni has been present in Ghana since 2009 with offshore hydrocarbon exploration and production activities, with an equity production of around 34,000 barrels of oil equivalent per day. The company operates the OCTP project with a 44.4% stake, in partnership with Vitol (35.6%) and the Ghana National Petroleum Corporation (20%). The joint venture's project portfolio also includes initiatives in training, economic diversification, access to water and sanitation, and energy access.