Tullow Oil Plc

Published : September 30th, 2015

First Lady Names Ghana's Second FPSO

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Keywords :   Ghana | Oil | Singapore | Storage | Water |

First Lady Names Ghana's Second FPSO

Published on: 30 September 2015

Her Excellency the First Lady of the Republic of Ghana, Dr. Nana Lordina Mahama, officially named Ghana's second floating production, storage and offloading (FPSO) vessel at a ceremony in Singapore today.

The First Lady named the vessel 'FPSO Prof. John Evans Atta Mills', after the late president who oversaw First Oil from Ghana's Jubilee Field in 2010.

FPSO Prof. John Evans Atta Mills will produce and store oil from Ghana's Tweneboa -Enyenra - Ntomme (TEN) oilfields which lie around 60 kilometres from the coast of the Western Region. The vessel is nearing the end of its construction at Sembcorp Marine Shipyard in Singapore and is due to sail for Ghana around the end of 2015. It is expected to arrive in Ghanaian waters in February 2016 to be hooked-up to the subsea production equipment which is being installed on the seabed in the TEN fields. The FPSO will start producing oil in mid-2016.

Her Excellency Dr. Nana Lordina Mahama paid tribute to the contribution of Ghanaian artisans to the construction of the FPSO. Ghanaian companies Seaweld Engineering Ltd and Orsam Ltd fabricated the module support stools which sit on the deck to support heavy equipment. In addition, the FPSO's anchor piles, which will keep the vessel moored in place, were built in Ghana by Group Five Construction Ghana Ltd. The anchor piles were completed on time and are already installed in the seabed in the TEN fields, awaiting the arrival of the FPSO.

The First Lady also met some of the Ghanaians who have been working on the construction of the vessel in Singapore, many of whom will be part of the crew that will operate the FPSO when it begins producing.

Her Excellency commented:

'It has been my great pleasure to officially name this magnificent FPSO today in honour of a true Ghanaian statesman, the late Professor Atta Mills. During my tour of the vessel, I saw for myself the impressive facilities onboard and it gives me great pride to know that this state-of-the-art FPSO will be producing oil for Ghana for many years to come.'

FPSO Prof. John Evans Atta Mills was converted from an oil tanker into an FPSO over a period of two years. She is 340 metres long and will have the capacity to process up to 80,000 barrels of oil per day from the TEN fields.

The development of the TEN fields is being led by Tullow Oil along with its partners the Ghana National Petroleum Corporation, Anadarko Petroleum Corporation, Kosmos Energy and Petro SA. The project is on track to deliver First Oil in mid-2016.

The construction of the FPSO has been led by floating production solution provider MODEC.

About the TEN Project

The TEN fields (Tweneboa, Enyenra and Ntomme) lie in the deepwater Tano block, around sixty kilometres offshore Ghana. The reservoirs are spread over 800 square kilometers, and lie in water depths of between 1,000 and 1,800 metres. Development of the TEN Project is being led by Tullow Oil, with partners Ghana National Petroleum Corporation, Kosmos Energy LLC, Anadarko Petroleum Corporation and PetroSA. The TEN Development Plan was approved by the Government of Ghana in May 2013 and requires the drilling and completion of up to 24 development wells. These will be connected through subsea infrastructure to a Floating, Production, Storage and Offloading (FPSO) vessel currently under construction in Singapore. First oil from the TEN fields is scheduled for mid-2016, and the nominal production capacity of the FPSO is 80,000 barrels of oil per day.
Tullow Ghana operations page

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Ghana | Singapore | All
Gold and Silver Prices for these countries : Ghana | Singapore | All

Tullow Oil Plc

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CODE : TLW.L
ISIN : GB0001500809
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Tullow Oil is a oil exploration company based in United kingdom.

Its main exploration property is BLOCKS I AND II - ALBERT BASIN in Congo Dem. Rep. of.

Tullow Oil is listed in United Kingdom. Its market capitalisation is GBX 31.9 billions as of today (US$ 37.8 billions, € 34.1 billions).

Its stock quote reached its highest recent level on October 18, 2013 at GBX 991.68, and its lowest recent point on January 08, 2021 at GBX 0.29.

Tullow Oil has 1 386 600 000 shares outstanding.

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