Côte d’Ivoire has asked an international court to suspend exploration activities in offshore Ghana as the two countries dispute a maritime border located near the Tullow Oil operated TEN project.
UK-based Tullow said Ghana’s government notified it of the petition Monday.
Côte d’Ivoire has asked a special chamber of the International Tribunal of the Law of the Sea (ITLOS) to suspend ongoing exploration activities in the disputed area, including the TEN project, until the case is decided.
A full verdict is not expected until 2017.
Tullow said a decision on the suspension petition should be handed down before the end of April 2015.
“Tullow’s advice from external counsel is that Ghana has a strong case under international law that the current boundary location, which follows an equidistance line, will be upheld by ITLOS,” the company said.
Work on the TEN project is continuing and remains on budget and on schedule for first oil in the middle of 2016.
“Although the arbitration process allows for an application of provisional measures, it is our view that it is in the best interest of all parties that the TEN project continues to move ahead without delay and unencumbered by legal tactics of this nature,” Tullow CEO Aidan Heavey said.
The TEN fields are located in the Deepwater Tano licence that covers more than 308 square miles 12 miles west of Tullow’s Jubilee field.
Tullow holds a 47.175 operating stake in the Deepwater Tano licence.
Texas-based Kosmos Energy holds a 17 percent interest, Texas-based Anadarko Petroleum holds a 17 percent interest, the Ghana National Petroleum Corporation holds a 15 percent interest and Switzerland-based Sabre Oil & Gas Holdings holds a 3.825 percent interest.