09 May 2016, Accra – Tullow Oil says its TEN field project is now over 90 percent complete and that, its first oil remains on target for July and August this year.
FPSO Professor John Atta Mills sailed from Singapore on January 23, 2016, and docked in the Ghanaian waters on March 2, 2016, and confirming its readiness to drill its first oil, Mr. Charles Darku, Managing Director (MD), Tullow Ghana Limited explained that mooring operations were complete and the vessel was being connected to the subsea infrastructure, via risers and umbilical.
Adding that commissioning of the systems was underway, Mr.Darku told a section of the press after the Group’s fifth annual investor forum in Accra that Tullow estimates that TEN average annualized productions in 2016 would be around 23,000 barrels daily (bopd) as previously guided. “This is as a result of the mid-year start-up in the second half.”
The TEN project drives increased in local content and according to Mr. Darku, the Company’s first capital injection for contracts to provide specialised services such as fabrication and construction, marine operations and logistics, civil engineering and construction, increased from 123.6 million dollars in 2014 to 226 million in 2015.
- The Chronicle
