Ghana’s President, John Mahama, said that a maritime boundary conflict with Ivory Coast has affected the development of new oil wells at the TEN project. He confirmed that Ghana is dedicated to a peaceful resolution of this disagreements, Reuters reported.
Mahama said, “the maritime boundary dispute had impacted TEN development activities in the disputed area as the provisional measures order from the international tribunal included an order prohibiting new oil wells in the field,” according to PM News.
The TEN project is part of the Deepwater Tano license located offshore of Ghana. The project is estimated to have recoverable resources of about 216m barrels of oil. UK’s Tullow , which operates the project, has recently reported first oil from the offshore development.