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Subsea 7 S.A. awarded contract offshore Ghana
Subsea 7 S.A. (Oslo Børs: SUBC) today announced the award of a contract by Tullow Ghana Limited for the TEN Project offshore Ghana in water depths reaching up to 2000 metres. The contract was awarded to a consortium of Subsea 7 and Technip. Subsea 7’s share of the contract is valued at approximately US$500 million.

date.png03 Nov 2013 09:17 | comments.png 0 Comments | tags.png africa ghana services subsea7 tullow [ More ]

Technip awarded major contracts for the TEN project in Ghana, reinforcing its presence in West Africa
Technip, leader of a consortium with Subsea7, has been awarded by Tullow Ghana Limited two contracts for the TEN Project, located offshore Ghana, at a water depth reaching up to 2,000 meters. Together, those two contracts have a combined value of approximately USD 1.23 billion, with a Technip share of about USD 730 million.

date.png01 Nov 2013 06:29 | comments.png 0 Comments | tags.png africa ghana services technip tullow [ More ]

FMC Technologies Awarded $340 Million Contract for Subsea Systems for Tullow Ghana's TEN Project
FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Tullow Ghana Limited to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN Project) offshore Ghana. The order has an estimated value of $340 million in revenue.

date.png18 Oct 2013 08:18 | comments.png 0 Comments | tags.png africa fmc ghana services tullow [ More ]

Participation of Mitsui, Marubeni and Mitsui O.S.K. Lines, and Conclusion of Financing for Deepwater FPSO Chartering Project
MODEC, Inc. , Mitsui & Co., Ltd., Marubeni Corporation and Mitsui O.S.K. Lines, Ltd. jointly announce that Mitsui, Marubeni and MOL have participated in a long-term charter business (“Project”) operated by MODEC for the purpose of providing a floating production, storage, and offloading system (the “FPSO”) for use in the Tweneboa, Enyenra, Ntomme (“TEN”) oil fields offshore Ghana and a loan agreement for the Project was entered into today.

date.png27 Sep 2013 18:38 | comments.png 0 Comments | tags.png africa fpso ghana marubeni mitsui services tullow [ More ]

MODEC, Inc. Awarded FPSO contracts for TEN Project, Deepwater Tano in Ghana
MODEC, Inc.(“MODEC”) announced today that Tullow Ghana Limited (“Tullow”), a wholly owned subsidiary of Tullow Oil plc., has awarded TEN Ghana MV25 B.V., a subsidiary of MODEC, contracts for the supply, charter and lease, operations and maintenance of a Floating Production, Storage and Offloading (“FPSO”) vessel for the Tweneboa, Enyenra, and Ntomme (“TEN”) fields in the Deepwater Tano contract area in water depth averaging 1,500m. The Deepwater Tano contract area is held by Tullow (47.175%) as Operator, Kosmos Energy (17%), Anadarko Petroleum (17%), Sabre Oil & Gas Holdings Ltd, a wholly owned subsidiary of Petro SA (3.825%), and the Ghana National Petroleum Corporation (15%).

date.png05 Aug 2013 13:31 | comments.png 0 Comments | tags.png africa ghana modec services top tullow [ More ]

Government of Ghana approves Development Plan for the TEN Project
Tullow Oil plc (Tullow) announces that the Government of Ghana has formally approved the Development Plan for the Tweneboa-Enyenra-Ntomme Development (“the TEN Project”). The approval paves the way for Tullow and its partners, Kosmos Energy, Anadarko Petroleum, PetroSA and the Ghana National Petroleum Corporation, to proceed with the development of these discoveries.

date.png31 May 2013 08:16 | comments.png 0 Comments | tags.png africa ghana kosmos services tullow [ More ]

FMC Technologies Announces Subsea Services Agreement with Tullow Ghana
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a five-year agreement with Tullow Ghana Ltd. to provide subsea services for its developments in the Jubilee field.

date.png22 Mar 2013 11:29 | comments.png 0 Comments | tags.png africa fmc ghana services tullow [ More ]

Hess Announces Pecan-1 Discovery Offshore Ghana
Hess Corporation (NYSE: HES) announced today that it filed a notice of discovery with the Ghana National Petroleum Corporation for the Pecan-1 exploration well located in the Deepwater Tano / Cape Three Points license offshore Ghana, which has encountered 245 net feet of oil pay in two separate Turonian intervals. Hess currently has a 90 percent interest in the block. The Ghana National Petroleum Corporation (GNPC) holds the remaining 10 percent.

date.png12 Dec 2012 14:23 | comments.png 0 Comments | tags.png africa ghana hess upstream [ More ]

Tullow Oil Operational Update
Tullow Oil plc (Tullow) announces today that in Ghana, West Africa, Jubilee Phase 1A production has commenced and the Okure-1 exploration well has encountered low net to gross oil bearing reservoir in a secondary objective. In Guyana, South America, Tullow has let its interest in the Georgetown Licence expire.

Ghana update

The Okure-1 exploration well, drilled in the Deepwater Tano licence offshore Ghana, has reached its planned total depth of 4,511 metres. The well has encountered non-reservoir quality formations at the main objective levels below the TEN cluster and discovered a gross 17 metre interval of low net to gross oil bearing Turonian age sandstones within an overlying secondary objective. Light oil with a 40 degree API was recovered from this interval. Integration of wireline logs and pressure data indicates that this oil accumulation is not connected to other hydrocarbon discoveries in the licence area. The next exploration activity to be carried out by the rig will be the drilling of Sapele-1, adjacent to the Jubilee field, also in the Deepwater Tano Licence and is expected to be spudded by the end of the year.

The first Jubilee Phase 1A production well has been brought on stream and is now producing in excess of 16,500 bopd resulting in field production of over 90,000 bopd. This is the first of five Phase 1A producers which are planned to be completed before mid 2013. In addition, the rig is now carrying out acid stimulation work on two Jubilee Phase 1 wells to further enhance production before completing the second Phase 1A production around year-end 2012.

Tullow operates the Deepwater Tano licence and the Jubilee Field and is partnered by Kosmos Energy, Anadarko Petroleum, PetroSA and the Ghana National Petroleum Corporation (GNPC).

Guyana update

Tullow has let its interest in the Georgetown licence expire. The licence included the previously drilled Jaguar-1 well. However, Tullow continues to evaluate oil exploration opportunities in Guyana and the wider region.

date.png11 Dec 2012 14:18 | comments.png 0 Comments | tags.png africa ghana guyana tullow upstream [ More ]

Eni: First important oil discovery in OTCP Block offshore Ghana
The discovery is relevant as it may have the potential for commercial development and confirms the importance of the block also in terms of the presence of oil, as well as natural gas and condensates.

date.png20 Sep 2012 18:14 | comments.png 0 Comments | tags.png africa eni ghana upstream [ More ]
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