Tullow Oil Plc was advised by the Government of Ghana that the Government of Côte d’Ivoire applied for provisional measures to be ordered in Ghana’s maritime boundary dispute with Côte d’Ivoire, the company said in a March 2 statement. The dispute is in arbitration before a special chamber of the International Tribunal of the Law of the Sea (ITLOS) in Hamburg.
The Government of Côte d’Ivoire requested that ITLOS order Ghana to suspend ongoing E&P operations in the disputed area in which the Tweneboa-Enyenra-Ntomme (TEN) project is situated until ITLOS gives its full verdict, which is expected towards the end of 2017. Tullow expects ITLOS to issue a decision on the provisional measures request before the end of April.
Ghana entered arbitration in 2014 in an attempt to resolve a dispute with regard to the maritime boundary between Ghana and Côte d’Ivoire. Tullow’s advice from external counsel is that Ghana has a strong case that the current boundary location, which follows an equidistance line, will be upheld by ITLOS in accordance with the Law of the Sea Convention to which both states are party, the statement said. Work on the TEN project will continue, and the project remains on schedule and on budget for first oil in mid-2016.
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