Tullow Gets Go-Ahead for TEN Project Offshore Ghana

Tullow Oil plc announced Thursday midday (London time) that the government of Ghana has formally approved its development plan for the TEN Project in the country's Deepwater Tano Contract Area. The consortium will now develop several discoveries that make up the project, specifically, Tweneboa, Enyenra and Ntomme.

The project is located some 40 miles off the coast of Ghana and approximately 19 miles west of Tullow's Jubilee field. The TEN Project is expected to deliver first oil in 2016, with a plateau production rate of 80,000 barrels of oil per day.

Development of the TEN Project will require the drilling and completion of up to 24 development wells which will be performed by the West Leo (DW semisub). Drilling is expected to start this summer. The wells will be connected to a subsea infrastructure and then to a Floating, Production, Storage and Offloading vessel (FPSO), moored in approximately 4,900 feet of water. 

Design work on the FPSO, subsea facilities and the development wells started in 2011 and, following approval of the development plan, major contracts will now be finalized and subsequently awarded. The award of these contracts will enable Tullow and its partners to build on their commitment to help develop the oil and gas sector in Ghana by expanding local capability and participation in the supply chain, particularly through the in-country fabrication requirement of the TEN Project.

"I am delighted that the TEN Project Development Plan has been approved by the government of Ghana. This is an important project that will give Ghana its second major offshore development. The government of Ghana [has] shown faith in Tullow and its partners again and has set us a number of important targets around local content and supply chain. I have every confidence that we will meet these targets and look forward to working with the Government of Ghana and with our partners to deliver the TEN Project," said Tullow's CEO Aidan Heavey in a press statement.

Tullow is operator of the Deepwater Tano Contract Area with an equity interest of 47.175 percent. Other partners include: Kosmos Energy with 17 percent; Anadarko Petroleum, also with 17 percent; Sabre Oil & Gas Holdings with 3.825 percent; and the Ghana National Petroleum Corporation with 15 percent.

Have a news tip? Share it with Rigzone!
Email news@rigzone.com


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Inpex Hits Gas Offshore Japan (Oct 28)
 -  NNPC, Nigeria Police Pledge Collaborat... (Oct 28)
 -  TGS Expects E&P Spend to Dip by up to ... (Oct 28)
 -  Roxi Hits Oil in Kazakhstan's Deep Wel... (Oct 28)
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)

Most Popular Articles

From the Career Center
Jobs that may interest you
Reserves Assessment Engineer/Specialist
Expertise: Reservoir Engineering
Location: Houston, TX
Senior Fleet Regulatory Compliance Consultant Job
Expertise: HSE Manager / Advisor|QA / QC / Inspection|Regulatory Compliance
Location: Denver, CO
Senior Security Analyst, Compliance Job
Expertise: Accounting|IT - Analysis & Management|Regulatory Compliance
Location: Denver, CO
search for more jobs

Brent Crude Oil : $50.47/BBL 0.98%
Light Crude Oil : $49.72/BBL 1.09%
Natural Gas : $2.76/MMBtu 1.09%
Updated in last 24 hours