Ghana approves plan for oil field

Tullow Oil said yesterday that Ghana’s energy minister has formally approved the phase one development plan for its Jubilee field…

Tullow Oil said yesterday that Ghana’s energy minister has formally approved the phase one development plan for its Jubilee field.

The field will be developed with a Floating, Production, Storage and Offtake vessel (FPSO) and will reach a plateau crude rate of 120,000 barrels of oil a day, the London-based company said in a statement. – (Reuters)