Norwegian oil firm Aker Energy will delay submitting a plan for development of its block off Ghana until early next year in order to first complete appraisal drilling, expected to start in October, its chief executive said on Thursday.
The unlisted firm, controlled by Norwegian billionaire Kjell Inge Roekke, bought a 50% stake in Ghana’s Deepwater Tano Cape Three Points block from Hess for $100-million in February.
Aker had initially intended to summit a development plan in the second half of 2018, but has since changed its mind.
“The forecast now is to start drilling in October… Our goal is to identify the oil/water contact to update the reservoir model,” CE Jan Arve Haugan
Published: 03-09-2018
