(Ecofin Agency) - In Ghana, the Norwegian oil company Aker Energy postponed submission of the Deepwater Tano Cape Three Points (DWT/CTP) development plan to early 2019 till it completes an appraisal drilling which should start next month.  

According to Arve Haugan (photo), the company’s managing director, this will help identify the oil-water contact to update the reservoir model. He explains that this is a surer way to start the development of this block which hosts 550 million barrels of oil equivalent in contingent resources.  

The company mainly controlled by Kjell Inge Rokke disbursed $50 million in February 2018 to buy 50% stake in the DWT/CTP in Western Ghana.  

Olivier de Souza