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AfrOil PROJECTS & COMPANIES AfrOil

Tullow launches 2021 drilling campaign

by spudding production well at Jubilee

GHANA TULLOW Oil (UK/Ireland) has launched a new multi-year, multi-well drilling programme.”
multi-year drilling programme with the spud- Last month, Tullow revealed that it intended
ding of a new production well at the Jubilee field to invest $4.4bn in its Ghanaian fields over the
offshore Ghana. next 10 years. According to Wissam Al-Mon-
In a statement dated April 6, Tullow noted thiry, the managing director of the company’s
that the drilling programme provided for four Ghanaian division, these funds will cover the
new wells – two production wells at Jubilee, one cost of drilling more than 50 new development
water-injection well at Jubilee and one gas-in- wells at Jubilee and TEN, as well as the construc-
jection well at the Tweneboa-Enyenra-Ntomme tion of new subsea infrastructure facilities.
(TEN) block – to be drilled in Ghana’s offshore Tullow acquired stakes in Jubilee and the
zone in 2021. All four of these wells will be TEN block in 2004, via its purchase of South
drilled with the Maersk Venturer, a drillship Africa-based Energy Africa. Since then, these
owned by Maersk Drilling (Denmark), it said. fields have become its largest productive assets.
Tullow has signed a contract with Maersk They have also been the source of some frus-
Drilling that will allow it to use the drillship over tration, though. Last year, Tullow reported a
a period of four years, it added. decline in reserves at Enyenra and also noted
The company did not say when it expected that Ghana National Gas Co. (GNGC) had been
to complete the first production well at Jubi- requesting lower volumes of associated gas from
lee or when the next well might be spudded. Jubilee and TEN. ™
However, it stressed that its multi-year drilling
programme would have a strong local-content
component.
“Throughout this campaign, Tullow will con-
tinue to implement its Shared Prosperity strat-
egy through a strong local-content programme
with suppliers in Ghana, the professional and
technical development of Ghanaian nationals
and continued investment in STEM education,
enterprise development and shared infrastruc-
ture,” it said.
It also stressed that the multi-year drilling
programme was in line with its plans for making
Ghana its main focus in Africa. Tullow unveiled
details of the campaign last November, when it
presented a new 10-year business development
plan.
Rahul Dhir, the company’s CEO, com-
mented: “Today is an important milestone in
the implementation of our long-term business
plan. Working closely with the government of
Ghana and our joint venture partners in Ghana,
I am confident that we will unlock the full poten-
tial from the Jubilee and TEN fields through this TEN and Jubilee are Tullow’s main assets in Africa (Image: Tullow Oil)

Eni reports light oil find at Cuica field

ANGOLA ITALY’S Eni has found a new deposit of light appeared to contain 200-250mn barrels of oil in
crude oil at Cuica, an exploration prospect place (OIP).
located inside the Cabaça development area Eni announced the discovery after complet-
of Block 15/06 offshore Angola. In a statement ing the drilling of the Cuica-1 NFW exploration
dated April 6, the company reported that Cuica well at a site located in 500-metre-deep water.

P12 www. NEWSBASE .com Week 14 07•April•2021