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This historic event will be celebrated at a ceremony hosted by His Excellency John Atta Mills, President of Ghana. It will be broadcast live on Ghana TV and can be followed on Tullow's Ghana website (www.tullowoil.com/Ghana).
The Jubilee field was discovered in June 2007 and First Oil will mark the culmination of 3½ years of intensive work by the Government of Ghana and the Jubilee partners1.
In preparation, oil was produced to the FPSO² yesterday and is being used to commission processing systems and facilities ahead of First Oil. Immediately after First Oil, the field will be capable of flowing up to 55,000 barrels of oil per day but as new wells are completed over a three to six month period, production will increase to 120,000 barrels per day.
1The Jubilee partners are: Tullow Oil plc (34.70%), Anadarko Petroleum Corp (23.49%), Kosmos Energy (23.49%), GNPC (13.75%), Sabre Oil and Gas (2.81%), E.O. Group (1.75%),.
²FPSO - Floating Production, Storage and Offloading vessel. This vessel, moored above the field, will process produced fluids, inject water and gas and store oil before it is offloaded into shuttle tankers for export
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Notes to editors
Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. Tullow's operations are focused on its core producing assets in Ghana. Tullow is committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030, with a Shared Prosperity strategy that delivers lasting socio-economic benefits for its host nations. The Group is quoted on the London and Ghanaian stock exchanges (symbol: TLW). For further information, please refer to: www.tullowoil.com.
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