By Kwasi Kpodo (Reuters) Ghana began pumping crude from a second offshore field operated by British company Tullow Oil on Thursday, hoping the additional revenue will boost its flagging economy. The Tweneboa, Enyenra and Ntomme (TEN) field expects to average around 23,000 barrels per day (bpd) in 2016, eventually reaching 80,000 bpd along with associated … [Read more...]
Tullow Oil Drops on Concerns Exploration Offshore Ghana May Be Suspended
By Paul Burkhardt (Bloomberg) -- Tullow Oil Plc, an energy producer in Africa, fell to a one-month low in London trading after saying Ghana could be ordered to suspend drilling in an area where it operates. Tullow dropped as much as 8.6 percent to 354.1 pence, the lowest intraday price since Jan. 30, and was at 361.4 pence as of 11:54 a.m. local time. Ivory Coast, … [Read more...]
SPOTD: Centennial J Gets Set for Turret Installation at Jurong
The VLCC Centennial J was selected by Tullow Oil for the Tweneboa-Enyenra-Ntomme (TEN) Project offshore Ghana where she is currently being converted into an FPSO at Jurong Shipyard. In the above screenshot, her bow has been removed in preparation for the installation of the turret and swivel which will collect all the production fluids from the seabed and allow hydraulic and … [Read more...]
Technip and Subsea 7 Win $1.2 Billion in Deepwater Projects Offshore Ghana
Technip and Subsea 7 will be working together offshore Ghana on a USD $1.23 billion SURF project for Tullow Ghana announced today. The Tweneboa-Enyenra-Ntomme Development (TEN) Project, located in the deepwater Tano Contract Area, 60 kilometers off the coast of Ghana at a water depth reaching up to 2,000 meters, will consist of 24 development wells connected through subsea … [Read more...]
MODEC Awarded FPSO Supply and Charter Contract Offshore Ghana
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 … [Read more...]