Tullow Expects Gas Exports from Jubilee Field to Resume by Mid-August

Africa-focused independent energy firm Tullow Oil reported Monday that gas exports from the Jubilee field, offshore Ghana, to the gas plant at Atuabo is expected to resume by mid-August.

Gas exports have been suspended since July 3 due to technical issues with gas compression systems on the field's floating production, storage and offloading vessel (FPSO). Oil production is currently constrained to approximately 65,000 barrels of oil per day and is under constant review.

Tullow said it has mobilized a team of experts to rectify the fault within the gas compression systems on the FPSO Kwame Nkrumah and estimated that it will take approximately a further three weeks to reinstate gas export and full oil production.

Tullow added that it will review its 2015 production forecast for Jubilee and provide an update on progress at its half yearly results on July 29. 


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