BW Offshore takes Tortue FID
Gabon The project is worth USD 275 million, Upstream Online reported separately.
“We have demonstrated the attractiveness of our model of combining proven resources, a resourceful organisation and access to production assets by bringing the Tortue field to first oil within budget and on schedule in less than 18 months,” CEO Carl Arnet said. “We look forward to commencing Phase 2 of development. We have also stabilised production at the Catcher field and received final acceptance from the operator.”
Tortue phase one started crude production on September 16, 2018. Later that month, BW Offshore announced an oil discovery in the DRNEM-1 well in the same licence.
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