Monday, February 7, 2011

Ghana to construct warehousing facilities for Jubilee’s FPSO

The Ghana Shipper’s Authority (GSA) says it will construct some warehousing facilities for the Floating Production Storage and Offloading (FPSO) Vessel on the Jubilee oil field.

According to the GSA, these warehousing facilities will serve as storage facilities for logistics needed by the oil companies working at Ghana’s largest oil field.

This was made known on a GTV show the “Business Advocate” by Mr Kofi Mbiah, Chief Executive Officer (CEO) of the GSA and monitored by ghanabusinessnews.com.

He said since the FPSO is 64km offshore deep into the sea, there is a need to create this platform for the oil companies.

“We have acquired a 30-acre land in Takoradi and we are putting up warehouses on these lands to ensure that they will create the logistic facility which will be needed to be used by the oil companies so they can reach the FPSO platform with goods as and when they are needed,” Mr Mbiah said.

According to him, since the FPSO is far from land and a ‘mini-city’, things like water will be needed to replenish or restock after drilling of oil, safety clothing and other logistics will also be required.

With its joint venture partners in the US, the CEO said the facilities will be constructed by the Takoradi Steel Company (TSC) in February this year.

He also hinted that the Authority has plans of “Putting up other warehousing facilities and also provide other offshore facilities, by creating a shore-base facility that can support the FPSO onshore since the process of drilling oil is about valves and pipes.”

The FPSO is used to drill oil at the Jubilee oil field. It was used to produce Ghana’s first commercial oil December 15, 2010.


By Ekow Quandzie
ghanabusinessnews.com

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