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Ghana - Jubilee FPSO Project - ESIA Summary

02-Nov-2009

The African Development Bank (AfDB) will be providing funding to a consortium led by MODEC, who are a sub-contractor to the Jubilee Joint Venture (described below), for the provision of the FPSO under a lease-operate arrangement. Tullow Ghana Limited (Tullow) and its joint venture partners Kosmos Ghana HC (Kosmos), Anadarko WCTP Company, Sabre Oil and Gas, the EO Group, and the Ghana National Petroleum Corporation (GNPC), known as the Jubilee Joint Venture, are pursuing development of hydrocarbon resources within the Jubilee Field, which is located in deep water approximately 60 km offshore Ghana from the nearest coast and lies in deep water of 1100 – 1700 meters. The two concession blocks are operated by Tullow Ghana Ltd (Tullow) and Kosmos Energy (Kosmos), respectively. Under a Unitization (combining of multiple wells to produce from a specified reservoir) agreement Tullow has been designated as Unit Operator of the Jubilee Field Unit on behalf of the Jubilee Joint Venture parties. The management of the facilities project design and execution to be deployed in field is being lead by Kosmos Energy as Technical Operator.

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