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Oil & Gas – Africa Outlook Magazine

Aker Energy Postpones Ghana Offshore Oil Field Plan amid Lukoil s Involvement

Norway's Aker Energy said on Wednesday it would postpone submission of a development plan for its Pecan oilfield off Ghana…

Oil Updates — Crude steady; Myanmar to import Russian oil; Phillips 66 offers to buy pipeline operator DCP Midstream

RIYADH: Oil prices were little changed on Thursday as investors grappled with falling stockpiles in the US, rising output from Russia and worries about a potential global recession. Brent crude futures climbed 10 cents, or 0.1 percent, to $93.75 a barrel by 0347 GMT. US crude futures gained 10 cents, or 0.1 percent, to $88.21 a barrel. Myanmar to import Russian oil, military

Aker Energy postpones submission of development plan over involvement of Russian firm

Norway s Aker Energy has put on hold its Pecan oilfield development off Ghana amid concern the project could face sanctions over the war in Ukraine due to the involvement of Russian oil firm Lukoil.

Aker Energy Blames Ghana Delay on Sanctions Risk

Norway's Aker Energy has again delayed submission of a development plan for its Pecan offshore field to Ghana's government.

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