13
Feb
Ghana’s oil production outlook is hanging in the balance amid the delay of the Pecan Oilfield development. The Pecan Oilfield has come under dispute since Russian invasion of Ukraine. According to Fitch Solutions, Aker Energy has been hesitant to put forward its updated Plan for Development to the Ghanaian government and commit to Final Investment Decision (FID), whilst Lukoil is involved in the project as the risk of sanctions levied on Russian oil and gas companies that could limit Aker’s ability to work with Lukoil and interfere with operations at the field. The Pecan field, which is part of the…