The maintenance activity, set to begin Tuesday, March 25, for 16 days, will upgrade operations, boost production capacity, and reduce risks in the field.
During this period, Tullow Ghana will focus on essential repairs and improvements to the Kwame Nkrumah FPSO vessel, including retooling of key equipment, conducting leak tests and expanding works on the facility to accommodate increased gas export.
Production on the Jubilee Oil Field slowed marginally to 89, 000 barrels per day (bpd) at the end of October 2024. This was captured in the November 2024 Trading Update released by Tullow Oil today, November 28, 2024. Daily Crude Production on the Jubilee field was above 90,000 barrels a day at the end July […]
The Public Interest and Accountability Committee (PIAC) has called for investments in data and regulatory reforms in the oil and gas sector to address the continued decline in oil production and the challenges in attracting new investments.
It is estimated that the total abandonment or decommissioning cost of Jubilee wells, subsea infrastructure, and FPSO in a fully developed Greater Jubilee will amount to approximately US$704 Million
Tullow has affirmed its commitment to Ghana’s socio-economic growth through its operations in the country.
Tullow PLC has commended the Government for the outstanding leadership demonstrated, which has facilitated the pouring of its first oil from the Jubilee South East Area of the Greater Jubilee Field.
Oil company, Tullow said that production from its Jubilee oil field offshore Ghana had surpassed 100,000 barrels of oil per day, following the recent start-up of the Jubilee South East (JSE) Project.
Tullow and the Jubilee Partners are working to increase daily average production to over 100,000 barrels of oil per day (bopd) from the Greater Jubilee Field during the second half of 2023, when the Jubilee South-East (JSE) Area development is up and running.
According to the Public Interest and Accountability Committee (PIAC)
2022 Annual Report (p. 25), oil production from the Jubilee Field witnessed an increase in production from 27,335,481 barrels at year’s end in 2021 to 30,523,813 barrels at year’s end in 2022.
Tullow Oil has forecast a capital expenditure (CAPEX) of c.$400Million in three African countries 2023.