MODEC Awarded FPSO Supply and Charter Contract Offshore Ghana

FPSO Modec Venture 11
FPSO file photo, image: MODEC

MODEC has announced that they have been awarded a 20-year FPSO charter contract by Tullow Ghana at their TEN Field located in the Deepwater Tano Contract Area, 60 kilometers off the coast of Ghana and approximately 30 kilometres west of the Tullow Operated Jubilee Field. This contract will involve the conversion of the VLCC Centennial J into an FPSO capable of producing 80,000 barrels per day, plus 170 million cubic feet of gas per day.

In an emailed statement, MODEC notes that this is the second such contract awarded to them from Tullow following the 2008 contract for the FPSO Kwame Nkrumah MV21 in the Jubilee Field.

Upon delivery in 2016, MODEC will assume all operational and maintenance responsibilities for the vessel. SOFEC will design and provide the mooring system.

The Tweneboa-Enyenra-Ntomme Development (the TEN Project) is a joint venture between Tullow and its partners, Kosmos Energy, Anadarko Petroleum, PetroSA and the Ghana National Petroleum Corporation.

In West Africa, MODEC has operations in Ghana and Cote d’Ivoire with additional MODEC-supplied facilities operating in Nigeria, Equatorial Guinea, Cameroon, Angola and Gabon.