We are not party to Ghana, Ivory Coast maritime dispute – Kosmos Energy

Dallas-based US energy company, Kosmos Energy says it is not party to the ongoing maritime dispute between Ghana and its western neighbor, Ivory Coast.

In a press statement issued Monday April 27, 2015, the company says “Kosmos is not a party to this arbitration process and will now await a decision by the government of Ghana on how it will implement the provisional measures order. However, we fully expect TEN development activities will continue as planned.”

The company notes that importantly, ITLOS rejected the request that Ghana suspend all ongoing exploration and development operations in the disputed area in which the Tweneboa, Enyenra, and Ntomme (TEN) project is situated until ITLOS gives its decision on the maritime boundary dispute, which is expected in late 2017.

“ITLOS ordered Ghana to suspend new drilling in the disputed area,” it says.

According to Kosmos, the project is now more than 55 percent complete with all of the wells expected to be online at first oil already drilled.

“First oil is expected in the second half of 2016,” it adds.

By Emmanuel K. Dogbevi