Tag: ITLOS
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ITLOS case to blame for some dormant oil contracts – Alex Mould
Former Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Alex Mould, has blamed the number of dormant contracts Ghana has with some oil exploration companies on the protracted maritime dispute between Ghana and Ivory Coast. The Member of Parliament for Adansi Asokwa, K.T Hammond had earlier called on government to cancel some oil exploration contracts signed…
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Tullow to spend $780m on new wells on TEN oilfields
Tullow has disclosed to Citi Business News that it will cost the company about seven hundred and eighty million dollars ($780,000,000) to construct the remaining wells on its TEN oilfields. Tullow has so far completed one of the thirteen wells to be drilled on the oilfields in the western region. The Maritime border dispute between…
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Tullow to drill new wells by year end
Tullow Ghana has told Citi Business News it will by the end of this year [2017] commence the drilling of additional wells in the West Cape Three Points as part of operations of the TEN oilfields. It follows the judgement by the Special Chamber of the International Tribunal for the Law of the Sea (ITLOS)…
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Maritime dispute win to boost Ghana’s economy
Analysts in the oil and gas sector are anticipating a judgement in favour of Ghana at the landmark case involving Ghana and Ivory Coast at the International Tribunal of the Law of the Sea (ITLOS). The Special Chamber of ITLOS is expected to deliver its ruling on the three-year dispute between the two countries. Ghana,…
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Ghana awaits maritime dispute ruling with ‘fingers crossed’
President Akufo Addo says his government will not make any pronouncements on the yet to be delivered judgment on the maritime border dispute between Ghana and Ivory Coast. Nana Addo maintains that a lot of work is ongoing on how best to handle the outcome of the three year dispute. The International Tribunal of the…
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ITLOS to settle maritime border dispute on September 23
The International Tribunal for the Law of the Sea (ITLOS) is to deliver its ruling on the Ghana Ivory Coast border dispute on the 23rd of September 2017. The two countries are seeking a resolution over the dispute at the International Tribunal after Ivory Coast accused Ghana of using the development of its oil industry…
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FPSO shutdown not to exceed 12 weeks – Tullow
Tullow Oil has announced that its planned shutdown of the FPSO Kwame Nkrumah later this year, will not exceed the proposed twelve weeks. Tullow is expected to shut down its Jubilee fields operations later this year for the stabilisation, rotation and offloading system installation. It also comes on the back of the faulty turret bearing…
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Ghana ends first round of oral defence in maritime border dispute
Ghana has ended the first round of oral argument in the maritime dispute between it and Ivory Coast at the International Tribunal for the Law of the Sea ITLOS. Ghana’s new Attorney General, Gloria Akuffo, who led the legal team questioned Ivory Coast’s claims, despite a long standing agreement on their maritime boundary under their…
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Hearing for Ghana, Ivory Coast border dispute starts today
The public hearing in the dispute concerning delimitation of the maritime boundary between Ghana and Côte d’Ivoire in the Atlantic Ocean (Ghana/Côte d’Ivoire) opened today Monday, 6th February 2017. The hearing is expected to last for eleven days [February 6 to February 16, 2017]. The first round of oral arguments is scheduled for Monday February…