U.K ANGOLA GHANA
NEWS
March 28, 2019
Aker submits $4billion plan to develop oilfield
The Norwegian oil company, Aker Energy has submitted to Ghana a $4.4 billion plan for developing the fourth oil producing oil field offshore in the country.

Aker in a statement Thursday said the total reserves at the Pecan field development in the Deepwater Tano/Cape Three Points (DWT/CTP) block are estimated at 334 million barrels of oil, with a plateau production expected at 110,000 barrels per day.

“This is a proud day for Aker Energy and our partners. After tremendous teamwork and strong collaboration with partners and Ghanaian authorities, we have submitted a comprehensive plan of development and operation. The plan, will once approved, ensure an efficient development and production of the Pecan field and further optimisation of the DWT/CTP petroleum resources in a way that will deliver value to the people of Ghana and to us and our partners,” said Jan Arve Haugan, the Chief Executive Officer at Aker Energy.

The plan was submitted and presented to the Minister of Energy, Hon. John Peter Amewu at the Ministry of Energy in Accra, Ghana.

“We are very satisfied to have reached this milestone together with Aker Energy and its partners. The submission of the integrated PDO has been a result of collaboration between the Contractors, GNPC, relevant agencies and the Ministry. The Pecan field will be the fourth producing oil field offshore Ghana and will strongly benefit the people of Ghana,” said Hon. John Peter Amewu, Ghana's Minister of Energy.
Source: GraphicOnline

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