Tullow starts up Ghana’s TEN project
Issue 329 - 20 Aug 2016
Tullow Oil on 18 August announced first oil at its $4bn TEN project, which will produce oil and gas from the Tweneboa, Enyenra and Ntomme fields to the west of the Jubilee field. Tullow said TEN will increase overall net production by 60%, significantly improving the company’s ability to manage its debt. Income from production at the Jubilee field has been hit by a number of factors including technical problems with the floating production storage and offloading vessel (FPSO), which led to an extended shutdown in April, and the lower oil price.
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