Capital Markets | Incidents / Accidents | Private Equity Activity
Tullow Oil Provides Ghana/Jubilee Field Update
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Tullow Oil plc (Tullow) announces that it has informed the Government of Ghana and its Partners of a change to operating procedures at the Jubilee field FPSO.
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Following a recent inspection of the turret area of the Jubilee Floating Production Storage and Offtake vessel (FPSO), by SOFEC, the original turret manufacturer, a potential issue was identified with the turret bearing. As a precautionary measure, additional operating procedures to monitor the turret bearing and reduce the degree of rotation of the vessel are being put in place.
SOFEC will now undertake further offshore examinations and Tullow will work with SOFEC to determine what further measures will be required. Oil production and gas export is continuing as normal.
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