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Monday, April 27, 2015
The International Tribunal of the Law of the Sea (ITLOS) issued a ruling put before them regarding Ghana and Cote d’Ivoire’s maritime border. Cote d’Ivoire submitted a provisional measures application that included a request that ITLOS order Ghana to suspend ongoing exploration and exploitation operations in the disputed area in which Tullow Oil’s TEN project is located until a decision on the maritime boundary is taken by ITLOS.
ITLOS laid down a ruling on the provisional measures application saying that Ghana could move forward with the development of the TEN project but no drilling can take place until the final ruling on the boundary is determined. The final decision is expected to be handed down by 2017 on the maritime boundary between the two West African nations.
The decision is positive for the government of Ghana and for Tullow and its partners as the drilling needed for the development has already taken place.
“Following this ruling, the TEN project can move ahead and we will now await instructions from the Government of Ghana with regard to implementing those provisional measures that have been ordered by ITLOS,” said Tullow spokesman George Cazenove.
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