GNPC signals flow of first oil


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The TEN field, Ghana’s second largest commercial oil and gas project, began production on Thursday.

Accra, Aug. 18, GNA – The TEN field, Ghana’s
second largest commercial oil and gas project, began production on Thursday.

President, John Dramani Mahama is expected
to turn the valve on FPSO Professor John Evans Atta Mills to signal the flow of
the first oil.

A statement issued by the Ghana National
Petroleum Corporation (GNPC) and copied the Ghana News Agency in Accra said:
“The milestone has been achieved in part, by the consistent efforts of GNPC
over the decades, in first acquiring and processing data on the offshore basin.

It said the Corporation used the results of
these efforts in a marketing drive to attract investors to Ghana.

“GNPC also worked with our Partners from the
exploration phase, through appraisal and development to bring us to TEN field’s
first oil.

“Consistent with our mandate and strategy to
catalyse local content development, we worked with the operator and partners to
ensure the project delivered improved local content opportunities and helped
Ghanaians gain experience and develop relevant skills,” it added.

It said: “These all combined to ensure a
successful development of the project.”

The statement quoted Alexander Mould, Chief
Executive Officer for GNPC saying: “This is a momentous day for Ghana and, as
the national oil company, GNPC is pleased to have played a significant part in
bringing our second oil production field to fruition.

“This is the culmination of more than a
decade of work, which began with GNPC producing credible data on our oil
fields. This convinced international investors, who would eventually become the
TEN partners, to invest in the project.”

GNA


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