TOKYO -- Tullow Ghana has awarded MODEC a contract to provide and operate the first FPSO to be installed on the Jubilee field offshore Ghana. The contract is a seven-year lease with 13 one-year options.
The FPSO, part of the phase 1 development plan, will be installed in approximately 1,100 m (3,609 ft) water depth on the Jubilee field. It will be capable of processing more than 120,000 b/d of oil, and injecting more than 230,000 b/d of water and 160 MMscf/d of gas. First oil is scheduled in 2010. The FPSO is designed to remain on the field for up to 20 years.