Ghana’s First Floating Production Storage and Offloading (FPSO) vessel FPSO Kwame Nkrumah MV21, successfully converted by Sembcorp Marine’s subsidiary Jurong Shipyard for MODEC, is on track for its landmark assignment offshore Ghana’s Jubilee Field following its official naming.
Set to be an integral part of the Phase 1 development plan for Ghana’s Jubilee Field, FPSO Kwame Nkrumah MV21 was officially named by Mrs. Ernestina Naadu Mills, the First Lady of the Republic of Ghana, at Jurong Shipyard on May 1, 2010.
The FPSO Kwame Nkrumah MV21 is expected to leave shortly for the Jubilee Field, one of West Africa’s largest oil fields recently discovered offshore the western coast of Ghana, under a long-term charter with Tullow Ghana. The FPSO is scheduled to deliver First Oil in the fourth quarter of 2010.
Designed to operate for 20 years without dry-docking, FPSO Kwame Nkrumah MV21 is equipped with the biggest turret ever constructed in the oil industry. The FPSO is capable of processing 120,000 barrels of oil per day and 160 mmscfd of production gas, with a storage capacity of 1,600,000 barrels of oil and a water injection rate of 230,000 barrels of water per day.