Kosmos Energy provides update on maritime boundary arbitration between Ghana and Côte d'Ivoire
26-09-2017 05:58:30 | by: Bob Koigi | hits: 4659 | Tags:

Kosmos Energy has announced that the Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) has issued its final decision in the maritime boundary dispute between the Governments of Ghana and Côte d'Ivoire.

The maritime boundary delimited by the Special Chamber’s decision has no impact on the TEN field’s production or reserves or otherwise on the company’s interests in Ghana.

The TEN partnership expects to resume TEN development drilling around the end of the year to ramp up production with additional wells to the FPSO capacity of 80,000 barrels of oil per day.

Kosmos is a leading independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. Our assets include existing production and development projects offshore Ghana, large discoveries offshore Mauritania and Senegal, as well as exploration licenses with significant hydrocarbon potential offshore Suriname, Sao Tome and Principe, Morocco and Western Sahara.

As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company’s Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment. Read more about this commitment in the Kosmos 2016 Corporate Responsibility Report.

Kosmos is listed on the New York Stock Exchange and the London Stock Exchange, and is traded under the ticker symbol KOS.