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Story: George Sydney Abugri

A contract to install and operate the first floating, production, storage and off-loading {FPSO} system for the commencement of drilling of oil from Ghana’s recently discovered jubilee off-shore fields, had been won by MODEC International of Houston Texas in the United States.
The facility will be a custom-built vessel equipped with a wide range of equipment for producing, treating and sorting oil from the various oils wells for temporary offshore storage and subsequent transshipment.

“I can confirm that Tullow Ghana on Tuesday Augsut 12, awarded MODEC a contract to provide and operate the first FPSO to be installed on our offshore Jubilee oil field . The contract is a seven-year lease with 13 one-year options”, a Ghana National Petroleum Corporation source told the Graphic at the weekend.

It said Tullow Ghana signed the contract on behalf of Tullow Ghana Limited., Kosmos Energy Ghana, Anadarko Petroleum Corporation, the EO Group, Sabre Oil and Gas, and the Ghana National Petroleum Corporation (GNPC).

The source said under the contract agreement, the FPSO facility will be installed in approximately 1,100 meters (3,609 ft) water depth, on the Jubilee field, which the source said, is one of the largest oil fields discovered offshore in West Africa in the past 10 years. 

The FPSO system will be capable of processing more than 120,000 barrels of oil per day and will have the additional capacity to inject more than 160 million standard cubic feet of gas and 230,000 barrels of water per day.

The facility will be designed to remain on the field for up to 20 years, the source disclosed.

It quoted Mr. Kenji Yamada, President and Chief Executive officer of MODEC International as saying, MODEC was very proud to have been selected by the Jubilee Unit partners and the Ghana National Petroleum Corporation to provide and operate the Jubilee FPSO, which he described as “a world class facility for a world class oil field.”

“We are equally pleased to be a part of the team that will provide a needed energy resource to benefit the people of Ghana", Mr. Yamada was quoting by the source as saying

Mr. Rick Hall, President of MODEC International, was on his part quoted as adding that, ‘the contract award from Tullow, Ghana Limited represented a significant milestone for MODEC in assisting Tullow and its partners to develop a world class oil field while also strengthening MODEC’s infrastructure in West Africa.

MODEC recently won a similar award to install an FPSO offshore in Angola. Following the Angola and Ghana contracts, the company will now be operating in seven oil-rich African countries, namely Ghana, Angola and Cote d’Ivoire, Nigeria, Equatorial Guinea, Cameroon and Gabon, the source said.

The source said MODEC is a leading international provider of project management, engineering, construction and installation services provider in offshore oil drilling.