Manufacturing from Ghana's Jubilee oil area is anticipated to begin "around April 9", virtually 3 weeks after trainings of the Jubilee export quality were placed under pressure majeure because of a technological hitch at the FPSO facility, field operator Tullow Oil claimed in a statement late-Sunday.
The declaration additionally claimed planned upkeep which commenced on March 20 and also was anticipated to last 2 weeks, has currently been extended to April 5.
"Oil production and gas export from the Jubilee field is now expected to reactivate around April 9 to allow for final preparation of new off-take arrangements which entail using a dynamically-positioned shuttle vessel and also a storage space tanker," Tullow Oil stated.
Force majeure was declared on March 10, due to functional treatments brought on by the turret of the FPSO vessel.
In mid-February, Tullow had actually identified a "potential issue" with the FPSO turret for Jubilee, which is pumping more than 100,000 b/d.
Two Jubilee freights are anticipated to pack in April according to trading sources, contrasted to 3 in the initial April packing program.
Typical manufacturing this year at Jubilee will certainly fall to an average of 101,000 b/d from 102,600 b/d in 2015 as a result of the planned maintenance, Tullow said February 10.
Jubilee, a light sweet petroleum quality created and also exported directly from the FPSO without utilizing onshore facilities, has an API gravity of 37.6 levels and a sulfur web content of 0.25%.
Jubilee crude is currently a normal component of the slate of a series of refiners in Africa, Asia and also Europe.
Jubilee has actually seen consistent purchasing interest in recent months, with fewer wide swings in rate than a lot of West African unrefined grades have actually seen lately.
biocides manufacturer has a 49.95% operating interest in the Deepwater Tano certificate in which the Jubilee area lies. It is partnered in the block by Kosmos (18%), Anadarko Petroleum (18%), Sabre Oil & Gas (4.05%) and also Ghana National Petroleum Corp. (10% carried interest).
Manufacturing from Ghana's Jubilee oil area is anticipated to begin "around April 9", virtually 3 weeks after trainings of the Jubilee export quality were placed under pressure majeure because of a technological hitch at the FPSO facility, field operator Tullow Oil claimed in a statement late-Sunday.
