Aker Energy AS
Pecan Energies operates the Deepwater Tano Cape Three Points block offshore Ghana, developing the Pecan field in ultra-deep waters; it is fully owned by Africa Finance Corporation (AFC).
- Company typePrivate
- Founded2021
- HeadquartersLysaker, Norway
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Aker Energy AS does
Pecan Energies (referenced in the source data as the operational entity behind Aker Energy AS) is the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block offshore Ghana, holding a 50% interest in the block and operating the Pecan Field Development in ultra-deep waters. The company is positioned as a Pan-African owned energy leader with a stated purpose of developing offshore oil resources sustainably and contributing to African prosperity within the framework of a just energy transition. It is fully owned by Africa Finance Corporation (AFC), an international financial institution that provides debt and equity financing to infrastructure projects across Africa, which functions as both parent and core financial partner.
The underlying asset and technology basis is a regulated upstream concession over an ultra-deepwater block. The company's go-to-market is direct field operations: it manages subsurface development, partners with international energy companies and financial investors, and will ultimately sell produced hydrocarbons through offtake arrangements typical of upstream E&P (specific offtake counterparties are not disclosed in the source data). There are no disclosed software products, proprietary platforms, or technology IP; the technology perimeter is conventional offshore drilling, subsea infrastructure, and reservoir management.
The revenue model is upstream hydrocarbon production revenue from the Pecan field, which has not yet reached commercial production per the disclosed information; pricing and offtake terms are not publicly disclosed. The company employs 51-100 people, operates a single-country footprint (Ghana) with stated Pan-African ambitions, and has built an institutional structure including management, board of directors, corporate governance, business ethics, HSSE, and sustainability reporting functions. A new Group CEO was announced in January 2026, indicating ongoing leadership and organizational development ahead of first production.
Aker Energy AS firmographics
Firmographics- Name
- Aker Energy AS
- Legal name
- Pecan Energies
- Website
- https://akerenergy.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Pecan Energies operates the Deepwater Tano Cape Three Points block offshore Ghana, developing the Pecan field in ultra-deep waters; it is fully owned by Africa Finance Corporation (AFC).
- Ownership category
- akta.pro rank
Where Aker Energy AS is headquartered
LocationHeadquarters
- HQ city
- Lysaker
- HQ country
- Norway
- HQ region
- Europe
Markets served
Aker Energy AS business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D
Distribution channels1 record
Marketing channels1 record
Aker Energy AS product offering
Product offeringCore offering
Aker Energy AS (operating as Pecan Energies) is an upstream oil and gas operator that develops and produces hydrocarbons from the Pecan field located in ultra-deep waters offshore Ghana. The company operates the Deepwater Tano Cape Three Points (DWT/CTP) block with a 50% participating interest, focusing on sustainable offshore deepwater oil and gas production within Africa's energy transition framework.
Differentiator
Problem solved
Functional benefit
Products and services
- Pecan Field Development Upstream oil and gas field development project located in ultra-deep waters offshore Ghana, operated by Pecan Energies. The development is intended to produce hydrocarbons for sale to offtake counterparties and serves as the company's core producing asset.
Companies that use Aker Energy AS
Customer profileSegments1 record
Ideal customer profiles1 record
Aker Energy AS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Aker Energy AS partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights4 records
Aker Energy AS competitors and assessment
Company assessmentDirect peers
- Kosmos Energy: Kosmos Energy was a founding operator of the Jubilee and TEN fields offshore Ghana and continues to hold West African deepwater acreage. It is a directly comparable independent operator focused on African offshore exploration and production with similar asset profile to Pecan Energies.
- Tullow Oil plc: Tullow Oil operates the Jubilee field and has historically held operatorship of TEN, both offshore Ghana in the same Tano Basin trend as Pecan Energies' DWT/CTP block. Tullow is the most directly comparable West African offshore operator with similar deepwater development expertise and Ghana exposure.
Broad incumbents
- Eni S.p.A. Eni operates the Offshore Cape Three Points (OCTP) project in Ghana alongside partners and is a broader incumbent IOC with West African offshore production. Eni is comparable as a major with significant Ghanaian and West African offshore exposure, though its portfolio and capital base are far larger than Pecan Energies'.
- Aker BP ASA: Aker BP is a major Norwegian offshore operator formed from the Aker group's petroleum interests. It shares heritage with the Aker Energy name and operates Norwegian Continental Shelf fields; comparable as a broader offshore operator with technical and corporate lineage overlap to the Aker-related entity that previously held Pecan.
Emerging players
- Eco (Atlantic) Oil & Gas Inc. Eco Atlantic is an Africa-focused offshore exploration company with interests in Guyana and South Africa. It is comparable as a small-cap Africa-focused upstream player pursuing offshore opportunities in similar geographies to Pecan Energies.
- Panoro Energy ASA: Panoro Energy is a small-cap Africa-focused independent E&P with production and development interests offshore West Africa (Gabon, Equatorial Guinea, Côte d'Ivoire). It is comparable as a smaller-scale African offshore operator pursuing similar growth-via-development strategy to Pecan Energies.
- VAALCO Energy Inc. VAALCO Energy is a small-cap offshore operator with production in Gabon and Equatorial Guinea. It is comparable as a small independent operator focused on African offshore production and development, with similar scale and operational profile to Pecan Energies.
Regional players
- Harbour Energy plc: Harbour Energy is the largest UK North Sea independent operator with production focused on the UK Continental Shelf. It is comparable as a mid-sized offshore operator with similar independent-operator business model to Pecan Energies, though it operates in a different geography (UK North Sea vs. West Africa).
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Aker Energy AS financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aker Energy AS leadership team
Management profileNumber of profiles
Aker Energy AS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aker Energy AS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aker Energy AS
What does Aker Energy AS do?
Aker Energy AS (operating as Pecan Energies) is an upstream oil and gas operator that develops and produces hydrocarbons from the Pecan field located in ultra-deep waters offshore Ghana. The company operates the Deepwater Tano Cape Three Points (DWT/CTP) block with a 50% participating interest, focusing on sustainable offshore deepwater oil and gas production within Africa's energy transition framework.
Is Aker Energy AS a public or private company?
Aker Energy AS is a private company. It is classified as corporate owned and is currently operating.
When was Aker Energy AS founded?
Aker Energy AS was founded in 2021. It employs 51 to 100 people.
Where is Aker Energy AS based?
Aker Energy AS is headquartered in Lysaker, Norway, in the Europe region.
Who are Aker Energy AS's main competitors?
Direct peers on record are Kosmos Energy and Tullow Oil plc. Broad incumbents are Eni S.p.A. and Aker BP ASA. Emerging players are Eco (Atlantic) Oil & Gas Inc., Panoro Energy ASA and VAALCO Energy Inc.. Harbour Energy plc is listed as a regional player.
Does Aker Energy AS have an API?
No public API is recorded for Aker Energy AS.