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.