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Pecan Oilfield Development Project

Sector: Oil and Gas • Location: Ghana

Source: News Ghana

Project
Delayed

The Pecan oilfield development project is part of the Deepwater Tano Cape Three Points block in Ghana, where Lukoil Overseas Ghana Tano Limited holds a 38% stake. The project has faced delays since 2022 due to sanctions concerns, with field development plans postponed amid fears of compliance complications.

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The project “Pecan Oilfield Development Project” is an infrastructure initiative in the Oil and Gas sector, located in Ghana. Taiyo aggregates data on it from News Ghana.

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delayed

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Description

Description

The Pecan oilfield development project is part of the Deepwater Tano Cape Three Points block in Ghana, where Lukoil Overseas Ghana Tano Limited holds a 38% stake. The project has faced delays since 2022 due to sanctions concerns, with field development plans postponed amid fears of compliance complications.

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Source reliability

High

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