Presidential Inquiry Needed: Imani Africa and ACEP on AGM Relinquishing Its Interests in the South Deepwater Tano (SDWT) Block
- March 8, 2023
- Posted by: acepghana
- Category: Press Release
Imani Africa and the Africa Centre for Energy Policy (ACEP) have sighted the announcement by AGM Petroleum to relinquish its interest in the South Deepwater Tano (SDWT) block, which hosts one discovery, the Nyankom-1X, from a drilling campaign embarked on by AGM in 2019. We welcome this development but wish to add that more needs to be done regarding this matter and the whole issue of Aker Energy’s oil holdings in Ghana to ensure the rule of law and fair treatment for Ghana as the sovereign.