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Pecan filed new
February 10, 2020

Aker Energy commissions Fugro Ghana Ltd for geotechnical and geophysical survey

(Accra/Oslo, 10 February 2020) Aker Energy AS (“Aker Energy”) has awarded the contract for geotechnical and geophysical survey services to Fugro Ghana Ltd (“Fugro”) for the Pecan field.

“For Aker Energy, this contract is an important next step as we prepare for the ramp up of the Pecan project,” says Olav Henriksen, Senior Vice President for Projects in Aker Energy. “We are both eager and excited to get started and Fugro’s services are world class, making them a natural choice to partner with.”

The contract involves surveying services from two state-of-the-art vessels for a 10-week period, starting in March, as well as laboratory testing post operations. The geotechnical vessel, Fugro Scout, is specifically designed for geotechnical operations in water depths up to 3,000 metres for both drilling and seabed sampling and in situ testing.

The aim of the surveys is to obtain critical information about seabed and sub-seabed conditions to facilitate the planning and emplacement of the Pecan subsea field and floating production storage and offloading (FPSO) ship. “This project will build on the extensive experience that our vessels and staff have gained in Ghana and the wider West Africa region, and we look forward to using this knowledge to execute a safe and successful campaign,” said Jaco Stemmet, Fugro’s Director for Africa.

As part of the contract, an emphasis has been placed on local content and capacity building in Ghana through Fugro’s Ghana office. The shore base for the two ships will be Takoradi in the Western Region. From Fugro, at least one surveyor trainee and one experienced surveyor will be Ghanaian and there will be local sourcing of various materials in Ghana. In addition, a series of educational and capacity building activities will be rolled out through partnerships with Ghanaian educational institutions and the Petroleum Commission of Ghana.

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For further information, please contact:
Håkon Høgetveit, VP Communications and Investor Relations, Aker Energy AS
+47 476 29 348

About Aker Energy

Aker Energy Ghana Ltd, a subsidiary of Norwegian-based oil exploration and production firm Aker Energy AS, is an exploration and production company and the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block. It holds a 50% participating interest in the license, and the partners are Lukoil Overseas Ghana Tano Limited (38%), the Ghana National Petroleum Corporation (GNPC) (10%) and Fueltrade Limited (2%). The block holds discovered resources of between 450-550 million barrels of oil equivalent. Aker Energy aims to become the oil and gas operator of choice offshore Ghana, by maturing and producing resources in a safe, efficient and reliable manner to the benefit of the company, partners and the people of Ghana. Aker Energy AS is part of the Norwegian Aker group of companies, with Aker ASA and TRG AS as its majority shareholders. Aker Energy has offices in Ghana and Norway.

Please visit www.akerenergy.com for more information.

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About

Aker Energy aims to become the offshore
oil and gas operator of choice in Ghana.
The company was established in 2018, with offices in Oslo, Norway and Accra, Ghana.

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