Ghana has been told by an international tribunal not to begin any new offshore drilling for oil in disputed waters with the Ivory Coast.
The International Tribunal for the Law of the Sea did, however, allow Ghana to continue developing current oilfields.
These include the so called-Ten fields, part owned by UK firm Tullow Oil.
Ivory Coast had asked that all drilling be suspended, but the tribunal ruled this would risk “considerable financial loss” to Ghana.
Instead, it told the West African nation to “take all necessary steps to ensure than no new drilling either by Ghana or under its control takes place in the disputed area” and to “refrain from granting any new permit for oil exploration and exploitation in the disputed area”.
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