Ghana’s largest oil field, the Jubilee oil field is reported to be 92% ready for oil production to begin.
The Daily Graphic citing Thomas Manu, the Director of Exploration and Production at the Ghana National Petroleum Corporation (GNPC), said remaining installations constituting eight per cent will be completed at the end of this October.
According to the report, French company, Technip has installed all the subsea production equipment on the sea bed.
Eight of the nine risers have been installed, the report added.
Mr. Manu told the newspaper that work is going according to plan and the company working on the subsea installation was linking the risers from the seabed to the FPSO Kwame Nkrumah.
Ghana discovered oil in commercial quantities in June 2007. The Jubilee oil field which is the largest to be discovered in West Africa in the last 10 to 15 years, according to Tullow Oil, the major stakeholders in Ghana’s oil industry contains 1.5 billion barrels of oil and has 17 wells.
Commercial production is due in November or December 2010.
By Emmanuel K. Dogbevi
Ghana’s largest oil field, the Jubilee oil field is reported to be 92% ready for oil production to begin.
The Daily Graphic citing Thomas Manu, the Director of Exploration and Production at the Ghana National Petroleum Corporation (GNPC), said remaining installations constituting eight per cent will be completed at the end of this October.
According to the report, French company, Technip has installed all the subsea production equipment on the sea bed.
Eight of the nine risers have been installed, the report added.
Mr. Manu told the newspaper that work is going according to plan and the company working on the subsea installation was linking the risers from the seabed to the FPSO Kwame Nkrumah.
Ghana discovered oil in commercial quantities in June 2007. The Jubilee oil field which is the largest to be discovered in West Africa in the last 10 to 15 years, according to Tullow Oil, the major stakeholders in Ghana’s oil industry contains 1.5 billion barrels of oil and has 17 wells.
Commercial production is due in November or December 2010.
By Emmanuel K. Dogbevi
Get ready to watch the politicans of Ghana sell this birth right to the Chinese rather than use some brains to provide a long term future…