Tullow Oil plc (Tullow) has indicated that it will work with government to restart drilling in the TEN fields to the fullest capacity.
The Special Chamber of the International Tribunal for the Law of the Sea (ITLOS) delivered its ruling in relation to the Ghana-Côte d’Ivoire maritime boundary dispute on Saturday, September 23 in the favour of Ghana and set out new boundaries for the two countries.
However, Tullow is confident that the new boundaries will not affect its operations and hope to scale up production towards the FPSO design capacity of 80,000 bopd.
CEO of Tullow Paul McDade said that: “Tullow looks forward to continuing to work constructively with the Governments of both Ghana and Côte d’Ivoire following the conclusion of this process.”
“While the TEN fields have performed well during the period of the drilling moratorium, we can now restart work on the additional drilling planned as part of the TEN fields’ plan of development and take the fields towards their full potential,” he added.
Source:Ghana/AccraFM.com
