What we do
At Pecan Energies, we are differentiated by our Ultra Deep Water expertise. Our strong ESG credentials, project and financial know-how, as well as the relationships that AFC holds with its African member states sets us apart.
We are for Africa – building the Ghanaian operator of choice in oil and gas exploration, and production. We do this in a more fundamental way – where principles such as Sustainability, Localisation, Empowerment and Giving Back are not just upheld but essential to our approach.
AFC is a multilateral financial institution, created by African sovereign states to provide pragmatic solutions to Africa’s infrastructure deficit and challenging operating environment.
It actively pursues these solutions by developing and financing infrastructure, natural resources and industrial assets for the enhanced productivity and economic growth of African states.
The mission of the AFC is to foster the economic growth and industrial development of African countries, while delivering a competitive return on investment to our shareholders.
Pecan Energies holds a 50% participating interest in the Deepwater Tano Cape Three Points block in Ghana, including the Pecan field development.
Other partners are Lukoil Overseas Ghana Tano Limited, (38%), Fueltrade Limited, (2%) and Ghana National Petroleum Corporation (10%). The Tano Basin offshore Ghana is a prolific petroleum region, and the DWT/CTP Block is centrally located within this basin.
The Pecan Field Development
In Pecan Energies, we see numerous opportunities in the DWT/CTP Block and are now starting with the development of the Pecan field. The development scheme is selected to adapt to a changing world and significant volatility in commodity prices.
DWT/CTP block with discoveries
Regional Map of the Western Basin
Pecan Energies, as the operator, is committed to deliver the Pecan project on time, with quality and within cost. We will do this by leveraging AFC’s superior knowhow in investing in African energy infrastructure combined with Pecan Energies in-house expertise and the technical backbone of selected vastly experienced contractors in the upstream oil and gas sector.
As an entrepreneurial and flexible organisation, we will ensure delivery of the most optimum and efficient development solutions for the development of the Pecan field, in close collaboration with stakeholders and highly experienced subcontractors. Efficiency will be delivered through a lean organisational structure working closely with selected subcontractors, and an effective use of technology, including qualified digitalisation solutions.