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Tullow considers options to fix damaged bearings . On FPSO Kwame Nkrumah

  • SOURCE: | qwesa2big

    Tullow-OilTULLOW Ghana says it is still considering a permanent solution to the damaged turret bearing on the floating vessel used in producing and storing oil at the field. Currently, the oil producer said, it was uncertain on whether to fix the damaged bearing of the Floating Production Storage Offloading (FPSO) on site or move it to a shipyard for repair works to begin. . The Managing Director of Tullow Ghana, Mr Charles

    CA Darku, told investors at a  forum in Accra that the company was exploring its options and would come out with a position by mid-year. “In terms of the challenge, we believe that we will find a solution to it from a long-term perspective, and coming to a decision on which of the options to adopt and bring it to the government,” he said. Mr Darku explained that the turret bearing issue announced in the first quarter of 2016 was under investigation by an experienced project team and solutions would be engineered appropriately. With short-term remedial measures in place to resume projection, the company will now produce at a slower rate than it% estimated output.

    Production resumes

    The FPSO Kwame Nkrumah was shut down on March 20,2016 for a two-week planned routine maintenance with an average gross production of 103,000 barrels of oil per day (bopd), production for the first quarter of 2016 was below expectation. This, he explained, was the result of an increased downturn following a problem identified with the FPSO turret bearing. Currently, new offtake procedures are being implemented and production has started at a slowdown average of 33,000 barrels of oil per day (bopd).

    TEN project on course

    Mr Darku said the Tweneboa-Enyenra-Ntomme (TEN) Project was over 90 per cent complete and was on course to deliver its first oil by August 2016. The FPSO Prof. John Atta Mills sailed from Singapore on January 23 and arrived in Ghana on March 2, 2016. The mooring operations are complete and the vessel is now being connected to the subsea infrastructure via the risers and umbilicals and the commissioning of these systems is underway. “Tullow estimated that TEN average annualised production in 2016 will be around 23,000 bodp gross.This is as a result of the mid-year start-up and ramp-up in the second half,” he said. The TEN Project is Ghana’s next big offshore project and is located in the Deepwater Tano Licence which covers more than 800 sqkm, and lies around 20km west of Tullow’s Jubilee

    The main bearings aiding the rotation of the FPSO Kwame Nkrumah are damaged and as part of short-term remedial measures, the vessel is currently tied to two tug boab to hold it in control.

    Field. It will have a plateau production rate of 80,000 barrels of oil per day. Future development of gas resources at TEN is anticipated following the commencement of oil start-up. Partners in the TEN Project are Tullow, Kosmos Energy, Anadarko Petroleum, Petro SA and the Ghana National Petroleum Corporation (GNPC).

    Source: Daily Graphic

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