Deepwater Tano Cape Three Points Oil Block Development
Sector: Oil and Gas • Location: Ghana
Source: News Ghana
Ghana is moving to acquire Lukoil's 38% stake in the Deepwater Tano Cape Three Points block by exercising pre-emptive rights. The block is an ultra-deepwater oil field located approximately 115 kilometers offshore, with recoverable resources estimated at 453 million barrels. The development of the Pecan field within the block could reach peak production of 80,000 barrels per day, requiring a total
- Status
- Prospective
- Sector
- Oil and Gas, Government
- Location
- Ghana
- Updated
- 22 Jul 2026
- Source
- News Ghana
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Ghana is moving to acquire Lukoil's 38% stake in the Deepwater Tano Cape Three Points block by exercising pre-emptive rights. The block is an ultra-deepwater oil field located approximately 115 kilometers offshore, with recoverable resources estimated at 453 million barrels. The development of the Pecan field within the block could reach peak production of 80,000 barrels per day, requiring a total capital investment of approximately $3.5 billion. The current ownership includes Pecan Energies Ltd (50%), Lukoil (38%), Ghana National Petroleum Corporation (10%), and Fueltrade Limited (2%). |
Original sector | Energy |
Budget |
Location
Country | Ghana |
Source
Source | News Ghana |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Government |
Article published date | 2026-05-16 |
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