TEN project cleared to proceed following maritime dispute ruling

Offshore staff

LONDON – Côte d’Ivoire has failed to block exploration and development in a disputed maritime zone shared by neighboring Ghana, according to Tullow Oil.

The Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) in Hamburg rejected the request concerning activity in the zone, which includes the current deepwater TEN development project.

However, ITLOS has ordered both countries to comply with numerous provisional measures, including continued cooperation, until ITLOS gives its decision on the maritime boundary dispute, probably in late-2017.

Tullow, which is not a party to this arbitration process, says it will await a decision by the government of Ghana on how it plans to implement the provisional measures order.  

Development of TEN is more than 55% complete, with all 10 wells drilled that are due to be online at start-up in mid-2016.

The Jubilee field is unaffected by the arbitration, Tullow adds.

04/27/2015

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...