Local News :

Home   >   News   >   General News   >   201502
Ghana’s Next Major Oil Development Passes Halfway Stage   
 
  << Prev  |  Next >>
 
02-Feb-2015  
Comments ( 0 )     Email    Print
       
 
 
 
 
 
Related Stories
 
Ghana’s second major oil development, the Tullow Oil-led TEN Project successfully passed the 50% overall completion stage last week.

The project, which is developing the Tweneboa, Enyenra and Ntomme (TEN) oil fields off the coast of Ghana’s Western Region, is on track for First Oil in mid-2016. The floating production, storage and offloading (FPSO) vessel which will receive and store the oil is under construction in Singapore and remains on schedule to arrive on Ghanaian waters in February 2016. Key parts of the FPSO were fabricated by various Ghanaian companies and have been installed on the FPSO. The TEN fields are expected to produce oil for around 20 years.

The project achieved another significant milestone in the second week of January with the drilling of the 10th well. This production well, through which crude oil will flow from the Enyenra reservoir, is the final well required for start-up in mid-2016. The drilling of the 10 start-up wells has, therefore, been completed ahead of the March 2015 schedule.

Minister for Energy and Petroleum, Emmanuel Armah-Kofi Buah commented: “I am delighted that Ghana’s next big oil project is on track to achieve its mid-2016 target for First Oil. I commend Tullow and its partners on progress to date and implore them to maintain this momentum for the second half of the project.”

TEN Project Director, Terry Hughes commented: “It’s fantastic that we have passed these two important milestones ahead of schedule. However, we’re only halfway through and we still have a lot to do, so we will not be resting on our laurels and I am confident we will deliver the project on time for Ghana.”

General Manager of Tullow Ghana, Charles Darku reiterated the commitment of the TEN partners to ensuring the timely and complete delivery of another world-class oil and gas fields to support Ghana’s socio-economic development.
 
 
Source: The Finder
 
 

Comments ( 0 ): Post Your Comments >>

 
 
 
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.