Tullow Ghana, a subsidiary of oil and gas company Tullow Oil, and the Ghana Navy have reached an agreement, which is expected to add an extra layer of safety and security to Ghanaian waters, allowing the company to continue operations in its offshore fields in the region.
Tullow Ghana announced on Monday that it has signed a Memorandum of Understanding with the Ghana Navy for the provision of security services at the Jubilee and Tweneboa Enyenra Ntomme (TEN) oilfields.
According to a report by Ghana News Agency (GNA).
A total of $23.5 million will be invested over the five-year contract period for these vessels by Tullow Ghana with partners Jubilee and TEN.
The GNA reported that this long-term contract started on January 1, 2022 and is valid until December 31, 2026.
In its update to November 2021, Tullow said its offshore drilling campaign in Ghana was on track, with three of the four wells planned for 2021 already in service. The company also reported a significant improvement in operating performance, as the combined availability of the two FPSOs averaged around 97%, while the Government of Ghana’s gas offtake averaged around 110 mmscfd.
At the time, Tullow’s data showed that the Jubilee Field produced around 28,700 b/d net to Tullow (around 81,000 b/d gross). The company also informed that the maintenance shutdown of the Jubilee FPSO, which was originally scheduled for September 2021, is expected to take place in April 2022.
According to the firm’s press release, this time lag makes it possible to optimize the scope of the work and accelerate the gas upgrading work previously scheduled for a shutdown in 2023. Last November, the TEN field produced approximately 13,200 bpd net to Tullow (gross approximately 28,000 bpd).
A few days before this production update, Tullow exercised its right of first refusal related to the sale of Occidental Petroleum’s interests in the Jubilee and TEN fields in Ghana to Kosmos Energy.
As a result, Tullow’s interests are expected to increase to 38.9% in the Jubilee field and 54.8% in the TEN fields, while completion of the transaction remains subject to finalization of definitive agreements with Kosmos Energy/Anadarko WCTP. Company and obtaining approval from the Ghanaian government.
In November 2021, Tullow also took delivery of the first Ghanaian-owned, Ghanaian-flagged marine vessel, which will support offshore oil and gas industry operations in Ghana.
GNA quoted Cynthia Lumor, Deputy Managing Director of Tullow, as stated: “The commitment of partners Jubilee and TEN to support the re-equipment of the Ghana Navy is mutually beneficial for both parties. This partnership will ensure the protection of Ghanaian waters by providing security services in the Jubilee and TEN fields and along the coast of Ghana. We believe this will further strengthen the relationship between Tullow Ghana and the Ghana Navy.
In October 2017, Navy Captain Eric Adu expressed the importance patrols around the Jubilee fields, explaining that due to the expanding prospects of the oil industry, patrol and vigilance are essential to control the activities of recalcitrant fishermen.
Adu further added that the infrastructure associated with the offshore oil and gas industry is vulnerable to many threats including maritime boundary disputes, oil theft, piracy and armed robbery. Therefore, protecting these facilities requires a multi-agency approach. Based on Adu’s statement at the time, Ghana’s mission is to develop and deploy maritime forces capable of ensuring a safe, secure and clean maritime domain.
This was confirmed in August 2021 by the CEO of the Ghana Petroleum Commission, Egbert Faibille, who urged all marine space users to coexist peacefully at a stakeholder consultative meeting in Takoradi.
The command structure of the Ghana Navy consists of Naval Headquarters at Burma Camp, Accra, as well as three operational commands including Western Naval Command at Sekondi, Eastern Naval Command at Tema and Naval Training Command at Nutekpor-Sogakope in the Volta region.
Four new combat vessels were recently acquired for the Ghana Navy to enhance its ability to protect the country’s maritime domain, including offshore oil and gas installations, according to Ghana. Line chart Press Agency. These Flex-fighter vessels are expected to boost efforts to make Ghana’s maritime space safer and unattractive to pirates and other illegal activities.