Government Impressed With Progress Of Second FPSO

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Government of Ghana’s plan to acquire a second Floating Production, Storage and Offloading (FPSO) unit for the Tweneboa-Enyenra-Ntomme (TEN) Project is gradually taking shape as Jurong Shipyard Ltd, the company contracted to build the vessel say they are on schedule to complete in December, 2015 and start commercial production by August 2016.

Explaining progress of work to Ghana’s Energy and Petroleum Minister Emmanuel Armah-Kofi Buah in Singapore, Mr Wan Zijian Executive Director of Jurong Shipyard said timely delivery of service is the hallmark of his company which they don’t intend to destroy with the construction of their company’s twenty-fourth FPSO Unit.

Mr Wan further underscored the importance of the vessel and the TEN Project to Ghana’s economy and growing oil and gas sector. The TEN Project is projected to produce about 80,000 barrels of crude oil per day.

The Minister of Energy and Petroleum on his part expressed his satisfaction with progress of work on the vessel and pledged government’s continuous support and collaboration with Tullow Oil Ghana to ensure successful and timely completion.

Hon Armah-Kofi Buah also commended highly two Ghanaian companies; Seaweld Engineering Ltd and Orsam Ghana Ltd in Takoradi and Tema respectively for their critical roles in building the country’s second FPSO, saying it is in line with government’s Local Content Policy and urged management of Jurong Shipyard to continue to work with government to build capacity of indigenous companies to enable them play active role in the oil and gas sector.

Seaweld and Orsam were contracted to build decks for the foundation of the top structure of the FPSO Unit and Pipe Rack Stools for grasping the vessel to the seabed which according to Jurong Shipyard has been fabricated perfectly with international standards.

Mr Charles Darko, General Manager of Tullow Oil Ghana said the completion of the FPSO will be an important milestone in Ghana’s oil and gas sector because apart from the projected 80,000 barrels of crude oil it will produce, a significant amount of gas will also be produced to fuel plants to curb issues associated with electricity generation.

Mr Darko further advised Ghanaian companies in the oil and gas sector to emulate Seaweld and Orsam to boost their credibility in the international oil and gas sector for more opportunities.

Development of the TEN Project requires the drilling and completion of up to 24 development wells which will be connected through subsea infrastructure to a Floating, Production, Storage and Offloading vessel (FPSO), moored in approximately 1,500 meters of water.

Mr Dileep Nair, Singapore’s High Commissioner to Ghana commended Hon Buah for the importance he attaches to matters relating to the construction of the second FPSO and stated his eagerness to encourage more Singaporean companies to turn to Ghana because of its stable economic climate.

In a related development, the Energy and Petroleum Minister disclosed the name of the new FPSO will be named after Ghana’s former president Prof John Evans Atta Mills for his contribution to the sector and for the ideals he stood for as President, adding that the name for the vessel has received enormous approval by the President and his Cabinet.

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