• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, September 7, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Extractives/Energy

Tullow Contracts Petrofac to Operate FPSO Kwame Nkrumah

Maynard Championby Maynard Champion
July 4, 2022
Reading Time: 3 mins read
Add as Preferred on Google
oil

Gas flames flaring up from an off shore oil vessel

Tullow Ghana Limited operator of the offshore Jubilee and TEN fields, has awarded a 5-year contract to Petrofac Ghana (Petrofac) to support Operations and Maintenance activities on the FPSO Kwame Nkrumah (KNK).

Petrofac is the largest amongst a number of companies, all of which are either indigenous Ghanaian firms or local joint ventures, which will assume the Operations and Maintenance (O&M) of the KNK FPSO.

This award follows the expiry of Tullow’s contract with MODEC Production Services Ghana JV Ltd (MODEC) which ended on June 30, 2022. Tullow as the field operator remains accountable for the safe and reliable operations in Jubilee including the KNK FPSO.

Commenting on the new partnership with Petrofac, Tullow Chief Executive Officer, Rahul Dhir said:

ADVERTISEMENT

“This new partnership with Petrofac will leverage Petrofac’s years of experience in operating onshore and offshore facilities and will deliver improved operations on KNK.

“In particular, Petrofac’s experience in workforce training will be key in helping Tullow develop Ghanaian talent in leadership roles in the management of Ghana’s offshore facilities. As we embark on this change, I want to thank MODEC for the support they have provided us over the last 12 years.”

Rahul Dhir
oil
Oil and gas rig offshore

Expiration of MODEC Contract

The transition of the management of the KNK, prompted by the expiry of the MODEC contract forms part of Tullow’s long-term vision to become a top quartile production company.

This ambition is based on the company’s safe operations, emissions control, increased reliability, and cost efficiency. The transition is expected to deliver improved safety performance, reduced operating costs and sustained production efficiency.

Nick Shorten, Chief Operating Officer for Petrofac’s Asset Solutions business said:

“I’m delighted that we are continuing to grow our presence in Africa with valued long-term partner Tullow Oil. We bring our considerable global FPSO experience to Ghana, also putting us in a good position to support other similar facilities in the region.

“Petrofac has been in North Africa for more than two decades and now we are building our presence across the continent, growing local jobs, developing local skills and collaborating with local partners.”

Nick Shorten

Tullow and MODEC worked on a smooth transition of Operations & Management services and achieved a seamless transition on July 1, 2022, according to the press release.

This latest contract follows recent awards for the decommissioning of seven wells in Mauritania on Tullow Oil’s Banda and Tiof fields, and the provision of offshore operations services for BP’s Greater Tortue Ahmeyim (GTA) Project, including an FPSO, in Mauritania and Senegal.

ADVERTISEMENT

The work scope, with a potential value of more than $60 million, comprises project management, engineering, planning, and plugging and abandonment of seven subsea wells.

In particular, Petrofac will therefore assume responsibility for the subsea well decommissioning scope from Maersk Decom, which has been preparing the program since 2020.

The offshore activities are expected to run from fourth-quarter 2022 through first-quarter 2023. Particularly, Petrofac will supply personnel, assets and equipment, and management of the Island Innovatordrilling vessel and offshore support vessels.

ADVERTISEMENT

READ ALSO: Deputy Finance Minister Assures the Maintenance of Social Intervention Programmes Despite IMF Move

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: ContractoiloperatorTullow
Please login to join discussion
Previous Post

I charge ¢5k as base fee– Producer Appietus

Next Post

CropLife Ghana Set to Fight Against Pesticide Counterfeiting

Related Posts

African Union Commissioner for Infrastructure and Energy, H.E. Lerato D. Mataboge, and Ghana’s Minister for Energy and Green Transition, Hon. Dr John Abdulai Jinapor
Extractives/Energy

Ghana, AU Deepen Push For Integrated Energy Investment

September 7, 2026
Mrs. Sophia Akuffo, the former Chief Justice
Extractives/Energy

Sophia Akuffo Urges ‘Non-Partisan Wisdom’ in Managing National Gold

September 7, 2026
Minerals Commission CEO, Mr. Isaac Tandoh
Extractives/Energy

Illegally Mined Gold Will Soon Struggle to Find Market – MinCom CEO Hints

September 7, 2026
Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah with Minerals Commission CEO, Hon. Isaac Tandoh
Extractives/Energy

Pressure Mounts on Minerals, Lands Commissions over Reporting Failure

September 6, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Executive Director of Africa Education Watch (Eduwatch) is Kofi Asare

Eduwatch Survey Identifies Key Factors Shaping 2026 WASSCE Results

September 7, 2026
1000w q95

South Korea, Japan, U.S Commence Annual Freedom Edge Drills

September 7, 2026
GSE’s 71% Surge: Analyst Warns Investors Not to Ignore Currency Risks

GSE’s 71% Surge: Analyst Warns Investors Not to Ignore Currency Risks

September 7, 2026
Mahama Ayariga, Bawku Central MP and Minister for Local Government, Chieftaincy and Religious Affairs

Mahama Ayariga Blasts Inefficient Waste Spending During Tamale Landfill Visit

September 7, 2026
Healthcare in Ghana

 Ghana Doesn’t Have Health care Problem,But Execution Problem

September 7, 2026
ADVERTISEMENT
Next Post
Illegal pesticides trade

CropLife Ghana Set to Fight Against Pesticide Counterfeiting

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.