OSLO: Ghana expects Norway's Aker Energy to make a final investment decision in the near future regarding the West African country's planned Pecan oilfield development, Ghana's president Nana Akufo-Addo said on Monday.
Last week, Aker Energy signed a preliminary deal with Malaysia's Yinson Holdings Berhad for the lease of a floating production, storage and offloading vessel (FPSO) for Pecan, in a sign that the project was moving forward.
The government has been frustrated by the slow pace of offshore development and asked the country's parliament last November to revise its licensing laws in an effort to spur production.