Tullow Oil PLC said it plans to drill new wells and boost output at its TEN fields off the coast of Ghana to 80,000 barrels per day.
The company said it aims to go after this target once a maritime dispute between Ghana and Ivory Coast is resolved, Tullow’s managing director in Ghana Charles Darku said on Wednesday.
The London Stock Exchange quoted company said it will also invest in exploring possible new Ghana reserves in addition to its Jubilee and TEN fields, Darku said. The International Tribunal for the Law of the Sea is set to rule on the maritime border dispute in the coming months.
The crucial dispute which is currently at the International Tribunal for the Law of the Sea is set to rule on the maritime border dispute in the coming months.
