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Ghana's Oil Sector FPSO Kwame Nkrumah to be shut down

According to the CEO of the GNPC , Alex Mould, the jubilee partners after extensive consultation have agreed to opt for a temporary mooring of the FPSO early next year.

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FPSO Kwame Nkrumah play

FPSO Kwame Nkrumah

FPSO Kwame Nkrumah will be shut down again for between 8 to 12 weeks starting February 2017 as part of efforts to repair its defective turret.

According to the CEO of the GNPC , Alex Mould, the jubilee partners after extensive consultation have agreed to opt for a temporary mooring of the FPSO early next year.

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In March 2016, the lead operator of the Jubilee Field Tullow confirmed the FPSO Kwame Nkrumah’s Turret Bearing was damaged , prolonging a planned shutdown of the vessel beyond a month.

Due to the damage to the main bearings that anchor the FPSO and help it to rotate, two tug boats have since been used to hold the vessel in control to ensure continuous oil production.

Tullow is estimating the Jubilee partners will spend 345 million dollars to fix the faulty turret on the FPSO.

"The temporary mooring will help in anchoring the vessel instead of the tugboat holding the vessel still", AleX Mould stated .

He said the partners have been strategic in taking their decisionS following the challenges and this has allowed for the continuous production of oil currently at 100,000 barrels a day.

The jubilee partners are expected to take a final decision on how to solve the defective turret by the close of 2017.

"We would either  opt for permanent mooring or the vessel will have to be taken out to a dry dock to be fixed" , he revealed.

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