Hess to exit Ghana 

OSLO, February 19, 2018 – Aker Energy has agreed to buy Hess Corporation’s Ghana assets for USD 100 million, the 50-50 JV between Aker Group and TRG announced on Monday. 

The transaction, subject to regulatory approval, covers a 50% stake in the Deepwater Tano Cape Three Points block.

 “The Aker Group is uniquely positioned to combine technological know-how from the upstream oil and gas industry with its extensive experience in the oil services to deliver a successful fast-track project,” said Øyvind Eriksen, Aker’s president and CEO, in a statement. “We are looking forward to partnering with the GNPC and have high expectations for what we can achieve together.”

Read our latest insights on: