The International Tribunal for the Law of the Sea (ITLOS) has ruled that Tullow Oil could proceed with its operations at the $5 billion TEN project offshore Ghana. However, the tribunal restricted Ghana from beginning any new drilling operations in the area until a maritime border dispute with the Ivory Coast is resolved in 2017.
The rulings come in response to a complaint filed by the Ivory Coast, which is attempting to restrict oil and gas drilling by Ghana in the offshore region. UK-headquartered Tullow heads a consortium that develops the TEN field. So far, the consortium has drilled ten wells with the aim of commencing production in mid-2016. The group includes Ghana National Petroleum, Anadarko, PetroSA and Kosmos Energy.
Credit: Tullow Oil
Tullow said in a press release that the TEN prouject is now over 55% complete with all 10 of the wells expected to be online at first oil already drilled. The project remains within budget and on schedule with first oil expected in mid-2016.
The Côte d’Ivoire Government requested that ITLOS order the halt of all petroleum operations, saying that they would create an imminent risk of significant harm to the marine environment.
ITLOS said: “The Chamber finds that Côte d’Ivoire has not adduced sufficient evidence to support its allegations that the activities conducted by Ghana in the disputed area are such as to create an imminent risk of serious harm to the marine environment.”
The TEN development project includes the collective development of three O&G accumulations: Tweneboa, Enyenra and Ntomme and are part of the Deepwater Tano license, situated offshore of Ghana.
The project is situated 15.5 miles away from the Jubilee field, also operated by Tullow.