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Home›Business & Finance›Shearwater GeoServices to start 2025 in Ghana
Business & Finance

September 9, 2024 · about 1 year ago

Shearwater GeoServices to start 2025 in Ghana

Norwegian marine geoscience and technology company Shearwater GeoServices is set to commence a seismic monitoring project at the beginning of 2025 at a field offshore Ghana that was discovered in 2007. Shearwater Geoservices will perform a two-month 4D seismic survey at the Jubilee field, operated b

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Shearwater Geoservices to start 2025 in Ghana

Norwegian marine geoscience and technology company Shearwater GeoServices is set to commence a seismic monitoring project at the beginning of 2025 at a field offshore Ghana that was discovered in 2007.

Shearwater Geoservices will perform a two-month 4D seismic survey at the Jubilee field, operated by Tullow Ghana Ltd., in early 2025.

According to the company, this will be the first contract conducted by Shearwater Ghana, in conjunction with local partner Destra Energy, and will include considerable local content participation.

Irene Basili , CEO of Shearwater said: “Our leading towed streamer technology is an ideal fit for the Jubilee field, enabling repeatable surveys to provide Tullow and partners with high-quality data in support of better-informed reservoir optimisation. We look forward to executing this project as part of our long-standing commitment to our clients in Ghana and West Africa.”

The Jubilee field was discovered in 2007. In July 2009, the Minister of Energy approved the Phase 1 plan of development which included the use of an FPSO with a facility capacity of 120,000 bopd. The field came on stream in December 2010.

Petrofac was selected in July 2022 to provide operations, maintenance and technical support for the FPSO Kwame Nkrumah at Jubilee. On the other hand, Sparrows Group was picked to provide crane maintenance services onboard the FPSO under a two-year contract .

Tullow announced its intention to drill four new wells at the field in November 2022 . The first well at the Jubilee South East (JSE) project started producing on July 14, 2023, with the second well following a couple of days later .

Shearwater recently secured a contract extension for a “major” deepwater ocean bottom node (OBN) survey off the coast of India. The Norwegian company also recently revealed its intention to upgrade the main engines on one of its seismographic research ships to achieve more sustainable and efficient operations.

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