Tullow Oil Plc has announced that the export of gas from the Jubilee Field is likely to resume by mid-August.
Presently, the company has mobilised a team of experts to rectify the fault within the gas compression system on the FPSO Kwame Nkrumah to reinstate gas export and full oil production.
About two weeks ago, the company announced that gas export from the Jubilee Field to the Ghana Gas plant at Atuabo has been suspended due to technical issues with gas compression systems on the FPSO Kwame Nkrumah and is expected to resume.
A statement from Tullow indicated that oil production is currently constrained to approximately 65,000 bopd.
The situation, according to the company is under constant review but it clarified that “there is no effect on the Field’s reservoir or resources.”
Tullow stated that it will review its 2015 production forecast for Jubilee and provide an update on progress at its half yearly results on 29th July.
Tullow Ghana Ltd expressed regrets the disruption caused by the suspension of gas export and assures the Ghanaian public that it is working hard to rectify the problem on the FPSO safely and speedily.