Aker Energy, the operator of the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana has submitted a Plan of Development (PoD) to government today April 14, 2023 .
Norway’s Aker Energy said on Wednesday it would postpone submission of a development plan for its Pecan oilfield off Ghana amid concern the project could face sanctions over the war in Ukraine due to the involvement of Russian oil firm Lukoil.
Government of Ghana has granted an extension to Aker Energy Ghana Limited for the submission of its Plan of Development (PDO).
The GNPC has assured Aker Energy of its full and unflinching support for the project and oil company’s leadership as the operator to achieving first oil by 2025
Norwegian operator Aker Energy AS has returned to rejig the development work on the Pecan field and its satellites,
in Ghana’s Deepwater Tano Cape Three Points (DWT/CTP).
The immediate past Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Dr K.K. Sarpong, has expressed the conviction of a robust energy sector under the current Minister of Energy, Dr Matthew Opoku Prempeh.
Aker Energy disclosed in 2019 that Ghana made a major oil discovery of 550million barrels of oil equivalent.
Aker Energy AS said the Africa Finance Corporation (AFC) had invested an additional US$100 million in senior secured convertible bonds that will be part of the financing for the development of the Deepwater Tano Cape Three Points (“DWT/CTP”) block in Ghana.