Aker Energy submits Pecan plan, sells out to AFC
Amoah said the company had faced “significant challenges” at its project. “We have shown once again our resilience and unflinching commitment to the project."
Amoah said the company had faced “significant challenges” at its project. “We have shown once again our resilience and unflinching commitment to the project."
“It is not related to Aker Energy, and the decision has no implication for Aker Energys plans in Ghana,” he said.
While Aker Energy has attributed delays at Pecan to Lukoil, the company has faced other problems. The company’s first plan was seen as overly aggressive and politically unpalatable, forcing it to rethink development.
Ghanaians should treat Mahama’s suggestion “with the utmost contempt it deserves”, the statement concluded.
Four companies are due to drill exploration wells in Ghana during the last quarter of this year, according to a government report. The Public Interest Accountability Committee (PIAC) also raised some concerns over tax payments by state-owned Ghana National Petroleum Corp. (GNPC).
Aker Energy has six weeks to submit a plan of development for its Pecan project, offshore Ghana, while facing challenges over Russian Lukoil's involvement.
Ghana has granted Aker Energy more time to submit the plan of development for its Pecan field.
Ghana has set out plans to borrow up to $1.65 billion to acquire upstream stakes – but NGOs have come out fighting.
The election in Ghana sets the path for continuity but there are challenges ahead for the incumbent, who will continue to face difficulties in the power sector.
Aker Energy has reiterated its commitment to Ghana’s Pecan field, although not going so far as to commit to timing on a final investment decision (FID).
Aker Energy has opted to halt development work offshore Ghana in response to the coronavirus pandemic, terminating a contract for a floating production, storage and offloading (FPSO) vessel with Malaysia’s Yinson Holdings.
Fugro has won geotechnical and geophysical survey work on Aker Energy’s Pecan field, offshore Ghana.
Aker Energy Ghana is replacing country director Jan Helge Skogen with Kadijah Amoah, effective as of February 1.
Ghana has had a decidedly mixed couple of months, with a major offshore discovery offsetting problems at Tullow Oil and Aker Energy.
CEO Jan Arve Haugen of Ghana-focused Aker Energy has resigned, replaced in the interim by Svein Jakob Liknes, who was the company’s head of operations. Changes are also being made to the company’s board.
Aker Energy has changed its plans to develop the Pecan field in Ghana in the face of regulatory complexity.